Nidec and Embraer form Nidec Aerospace JV for electric propulsion

Nidec Corporation and Embraer established Nidec Aerospace, a joint venture to develop electric propulsion systems for aerospace. Nidec owns 51%, Embraer 49%. Investment over $77.7 million by 2026, mass production starting in 2026.

“Nidec Aerospace is expected to invest more than $77.7 million by 2026 and start mass production in 2026.”newpowertechnology.com

• 1 source
• newpowertechnology.comNidec-Embraer JV to Develop Electric Propulsion for Aviation Market – New Power TechnologyadminDec 27, 2023

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