# 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.

- Type: Partnership
- Announced: 2023-12-27
- Value: $77.7M
- Status: announced
- Products: electric propulsion systems, eVTOL motors
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (partner)
- [Embraer](https://endata.com/companies/23129.md) (partner)

## Sources

- [newpowertechnology.com](https://newpowertechnology.com/2023/12/27/nidec-embraer-jv-to-develop-electric-propulsion-for-aviation-market/), 2023-12-27: "Nidec Aerospace is expected to invest more than $77.7 million by 2026 and start mass production in 2026."

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