Nidec

21 October 2021 05:27

Nidec Machine Tools release "MVR-Cx" - First Product Release since becoming part of Nidec Corporation - First step toward expansion of its Large-Scale Machine Tool Business

Expansion of product lineup with the introduction of new products Responds to a wide range of market needs for processing large parts
Ritto City, Japan - Nidec Machine Tool Corporation (President: Kenichi Wakabayashi, Head Office: Ritto City, Shiga Prefecture) will launch the MVR-Cx series of double-column machining centers as its first new product since becoming a subsidiary of Nidec Corpora

14 October 2021 03:34

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 platfo

26 July 2021 05:11

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 q

21 July 2021 02:22

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

GAC Aion’s Aion Y and Nidec’s Ni100Ex E-Axle model

22 April 2021 02:40

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.

9 April 2021 08:32

Nidec Holds an Event to Announce Its Decision to Open New Factories and Launch of Business in Serbia

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has decided to open new factories in the city of Novi Sad in the Republic of Serbia (“Serbia”), and that it has held an event to announce the launch of business in the country.

25 January 2021 02:03

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.

Left: S-CART-V, Right: Sensors for the Vision-based Navigation System

5 August 2020 02:50

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.

9 July 2020 02:31

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.

Geely's new electric SUV Geometry C and Nidec's Fully Integrated 150 kW E-Axle Ni150Ex

27 May 2020 02:30

Geely's New EV Adopts Nidec's E-Axle Traction Motor System

Geometry C, the new electric vehicle recently unveiled by Geely Automobile, will be driven by Nidec's 150 kW E-Axle model Ni150Ex

21 April 2020 22:14

Nidec Engineer Uses Design and Project Management Skills in Personal Protective Equipment Production

ST. LOUIS – April, 2020 – When the COVID-19 crisis began to emerge, Josh Biro, like so many people throughout the world, wanted to make a personal contribution to help. And as the pandemic evolved, he has been using his skills as a mechanical engineer to help healthcare workers on the frontlines of battling the virus.

15 April 2020 03:48

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

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