Nidec to invest $1.8B in EV drive unit plants

Nidec will invest around 200 billion yen ($1.8 billion) in overseas production of drive units for electric vehicles, aiming to raise output capacity to as much as 10 million units. Plants are planned in China, Poland and Mexico.

“Japanese motor maker Nidec will invest around 200 billion yen ($1.8 billion) in overseas production of drive units for electric vehicles.”asia.nikkei.com

• 1 source
• asia.nikkei.comNidec aims to disrupt global EV supply chain with cheaper motors - Nikkei AsiaSHUNTARO FUKUTOMI, Nikkei staff writerFeb 3, 2020

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