Nidec opens first European production hub in Novi Sad, Serbia

Nidec Corporation opened a factory for automotive inverters and electronic control units in Novi Sad, Serbia, investing €92.9 million. The plant will produce up to 300,000 e-axles annually and employ around 120 initially, with plans to reach 1,000.

“Japanese motor maker Nidec investing €92.9 million in the construction of a plant in Serbia that would produce electric axles, the powertrains of electrical vehicles.”ras.gov.rs

• 1 source
• ras.gov.rsJapan’s Nidec picked Serbia for the first European production hub | RasMay 18, 2023

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