# 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.

- Type: Investment
- Announced: 2020-01-31
- Where: Kyoto, Japan
- Value: $46.0B
- Status: announced
- Products: electric vehicle powertrains, e-axles, precision motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md)

## Sources

- [venturebeat.com](https://venturebeat.com/business/nidec-bets-on-electric-cars-and-acquisitions-to-triple-sales), 2020-01-31: "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."

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