Nidec plans to triple revenue to 5 trillion yen by 2025

Nidec plans to more than triple its annual revenue to 5 trillion yen ($46 billion) by 2025, focusing on electric vehicle powertrains and acquisitions of motor-related technologies.

“Japan's Nidec plans to more than triple its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies.”venturebeat.com

• 1 source
• venturebeat.comNidec bets on electric cars and acquisitions to triple sales | VentureBeatReutersJan 31, 2020

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