# Nidec to build flagship E-Axle factory in Pinghu, China

Nidec announced plans to build a new flagship factory in Pinghu, Zhejiang Province, China, for E-Axle traction motor systems with an annual capacity of 1 million units. Construction starts in October 2022, production in October 2023, and full-scale production in FY2024.

- Type: New facility
- Announced: 2022-05-28
- Where: Pinghu, Zhejiang Province, China
- Jobs: 2,500
- Starts operating: Oct 2023
- Status: announced
- Capacity: 1 million units per year
- Products: E-Axle traction motor systems, inverters, gears
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [insideevs.com](https://insideevs.com/news/588363/china-nidec-factory-1million-eaxle-annually/), 2022-05-28: "Nidec, a major Japanese electric motor manufacturer, announced a decision to build a new flagship factory for EV traction motor system in the city of Pinghu, Zhejiang Province in China."

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