# 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.

- Type: Investment
- Announced: 2020-02-03
- Where: China, Poland, Mexico, China
- Value: $1.80B
- Status: announced
- Capacity: 10 million units per year
- Products: EV drive units, electric motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/electronics/nidec-aims-to-disrupt-global-ev-supply-chain-with-cheaper-motors), 2020-02-03: "Japanese motor maker Nidec will invest around 200 billion yen ($1.8 billion) in overseas production of drive units for electric vehicles."

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