Nidec, a major Japanese electric motor manufacturer, announced a decision to build a new flagship factory for EV traction motor system in he city of Pinghu, Zhejiang Province in China. It will be a ...

Although Nidec’s 6594 September quarter results were in line with our expectations, we lower our fair value estimate for Nidec to JPY 8,000 from JPY 9,000 due to the lower outlook for its EV traction ...

Misconduct at precision motor manufacturer Nidec Corp. occurred not only in accounting to inflate profits but also in ...

Shares of Japan’s Nidec plummeted a record 22% on Thursday after the electric motor maker said it would set up an independent committee to investigate the possible involvement of management in ...

Nidec announced the launch of its third E-Axle traction motor system - the 200 kW Ni200Ex model, which has made its way into the all-new Geely's Zeekr 001. The Japanese company initially (about two ...

Japanese motor giant Nidec Corp is struggling with one of the worst crises of its corporate existence. The company has ...

ST. LOUIS — Nidec’s new, award-winning, premium IE4/IE5 SynRA™ motor is now available integrated with the Nidec ID300 drive, allowing commercial HVAC contractors or building maintenance staff to ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The shares of Nidec Motor, a previously stable, 50-year-old Japanese company, fell 11 per cent on Tuesday, ...

Nidec held an economic development announcement in Mena, Arkansas. Pictured from right, Arkansas State Representative John Maddox, Nidec ACIM Global COO Claudemir Santos, Mike Glover, Arkansas ...

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has launched for the US market SynRA (Synchronous Reluctance Motor with Aluminum Cage Rotor), the ...

TOKYO (Reuters) -Japanese electric motor maker Nidec Corp is planning to invest about $715 million to build a plant in Mexico to make electric car motors, its chief executive said in an interview with ...

Japanese billionaire Shigenobu Nagamori, founder and chairman of motor manufacturer Nidec, will leave retirement to return as the company’s CEO following a steep dive in its shares. Nagamori, 77, will ...