Groupe PSA and Nidec form JV for automotive traction motors
Green Car Congress
DECEMBER 5, 2017
Groupe PSA and Nidec Corporation, through Nidec Leroy-Somer Holding, will form a joint venture in the field of electric traction motors. Groupe PSA has made the strategic choice to anchor the design and production of the main components of the electric traction powertrain in France. billion) in 2030. billion) in 2030.
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