Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group
Green Car Congress
AUGUST 2, 2019
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. The tentative name of the JV is Guangzhou Nidec Auto Drive System Co., Nidec in-wheel motor. billion to US$9.3
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