Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group
Green Car Congress
AUGUST 2, 2019
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., As the trend of car electrification intensifies, the automotive motor market, strategically important for Nidec, is forecast to double its size to six trillion yen (US$55.9
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