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  • Nidec’s Traction Motor System, E-Axle 200kW Model, Drives the First Model of Geely Automobile Group’s Premium EV Brand, Zeekr

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that Ni200Ex, the Company’s 200kW, E-Axle traction motor system, has made its way into ZEEKR 001, an electric vehicle newly released by Chinese auto giant Geely Automobile Group, under its premium brand, “Zeekr.”
    Developed based on the SEA (Sustainable Experience Architecture), which is the EV platform creat

  • Nidec announced its first-quarter financial results and the mid-term strategic goal Vision2025

    Nidec Corporation ― the world's No.1 comprehensive motor manufacturer ― announced its first-quarter financial results and the mid-term strategic goal Vision2025.
    Download the full presentation
    Summary of Q1 FY2021
    Net sales stood at a record high of ¥447.5 billion, 32.8% higher Y/Y. Operating profit significantly increased 60.3% Y/Y to ¥44.6 billion. Q1 quarterly op

  • Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to start discussions on establishing a joint venture (JV) with Hon Hai Technology Group (TWSE: 2317) (hereinafter referred to as “Hon Hai”) and Foxtron Vehicle Technologies Co., Ltd. (hereinafter referred to as “Foxtron”) of Hon Hai Technology Group in Taiwan.
    On March 18, 2021, N

  • Nidec’s Traction Motor System, E-Axle 100kW Model, Drives GAC Aion’s New EV

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company’s 100kW E-Axle model, Ni100Ex, has made its way into an electric vehicle, Aion Y*1, a new model released by GAC Aion New Energy Automobile Co., Ltd. (“GAC Aion”) in March 2021.

  • Nidec Sells 100,000 E-Axles Globally

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that the global sales of E-Axles, the traction motor systems that the Company develops, produces, and sells, have reached 100,000 units and systems.

  • Nidec-Shimpo Launches AGV with Vision-Based Navigation System

    Nidec-Shimpo announces the launch of a new addition to its S-CART brand of automated guided vehicles (AGV). The new AGV is outfitted with a vision-based navigation system that utilizes Visual SLAM technology developed by Canon Inc.

  • Nidec's E-Axle Drives GAC NE’s New EV

    Nidec's 150 kW E-Axle model (Ni150Ex) has made its way into another car in GAC NE's lineup of electric vehicles. The new EV—the third model in GAC NE's Aion series—driven by Nidec's traction motor system was launched recently in June this year and goes by the name Aion V.

  • Nidec Dominates Institutional Investor’s Annual Rankings of Best IR Companies in Japan

    Nidec Corporation ranked No.1 in all 4 categories, which are Best CEOs, Best CFOs, Best IR Professionals, Best IR Programs in the Electronics/Components business sector on Institutional Investor’s 2020 All-Japan Executive Team. This is the eighth consecutive year of being ranked No.1 on Institutional Investor’s All-Japan Executive Team rankings.
    2020 All-Japan Executive Team is a survey execute

  • Nidec to acquire the Delta production line from Secop Austria

    Nidec Corporation (TSE: 6594; OTC US: NJDCY) announced today that it has signed a definitive agreement with Secop Austria GmbH on March 31, 2020, by which Nidec will acquire the Delta production line from Secop through the Company’s sub-subsidiary Nidec Global Appliance Italy S.r.l. and its Austrian company.

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