# PSA and Nidec plan joint venture for electric motors

PSA Group and Nidec plan to form a joint venture to manufacture electric motors.

- Type: Partnership
- Announced: 2017-12-04
- Status: announced
- Products: electric motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (partner)
- [PSA Group](https://endata.com/companies/19914.md) (partner)

## Sources

- [autonews.com](https://www.autonews.com/article/20171204/COPY01/312049951/psa-nidec-plan-joint-venture-for-electric-motors/), 2017-12-04: "PSA, Nidec plan joint venture for electric motors"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.