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NIDEC CORP PLANS TO FOCUS ON ELECTRIC VEHICLE POWERTRAINS

Published On 04 Feb 2020 09:30 AM

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Highlights

Their growth strategy lies in the EV motor system
They will also focus on merger and acquisitions

Over the next five years, Japan’s Nidec Corp plans to increase its revenue. It intends to do the same by focusing on electric vehicle powertrains. It will also buy specialists in motor technologies.

As on T....

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NIDEC CORP PLANS TO FOCUS ON ELECTRIC VEHICLE POWERTRAINS

Published On 04 Feb 2020 09:30 AM

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