Nidec

Powerdrive MD Smart: the connected variable speed drive solution for high power process applications

26 July 2023 22:13

Thanks to a strong experience resulting from close partnerships with end-users and OEMs, Nidec Leroy-Somer is offering Powerdrive MD Smart, an all-inclusive ready-to-use drive in line with the expectations of the major players in the process market segment. Compact and robust, this 100%-connected new generation drive includes all equipment needed for protecting, controlling, interfacing and runnin

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2023

20 July 2023 03:28

KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2023.
The highlights are as follows:
Net sales increased 4.8% Y/Y to ¥566.1 billion. Operating profit increased 34.7% Y/Y to ¥60.2 billion, marking a record high on a quarterly basis. P

The 250kW and 180kW Models of Nidec’s E-Axle Traction Motor System are Officially Adopted for the Car to Commemorate GAC New Energy Automobile’s Production of 20 Millionth Vehicle

6 July 2023 09:17

Nidec Corporation (TSE: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced today that AION Hyper GT, each unit equipped with a Nidec-produced E-Axle model, has been selected as the vehicle for AION, the GAC Group’s EV-dedicated brand, to commemorate the production of its 20 millionth new-energy vehicle. AION made this announcement during the ceremony to mark the occasion at its factory in

Nidec Completes Acquisition of Houma Armature Works, a US-based Motor and Generator Service Provider

4 July 2023 22:29

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a privately- owned US company (“Houma”), from its founding family, through the Company’s subsidiary, Nidec Motor Corporation (“NMC”), on July 3, 2023 (US time) (the “Transaction”). As a result of the Transaction, Houma became a consolid

SoftBank Corp. and Nidec Jointly Develop Light-weight, High-efficiency and High-reliability Motor for High Altitude Platform Stations

27 June 2023 02:46

Tokyo and Kyoto, Japan – June 27, 2023 – SoftBank Corp. (TOKYO: 9434) (“SoftBank”) today announced that it and Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) have jointly developed a light-weight, high-efficiency, and high-reliability axial flux-type motor for High Altitude Platform Stations (“HAPS”). This newly developed motor also meets the specifications required for

Nidec Machine Tool to Launch New Cutting Tool Factory in India to Meet Growing Demand for Automotive and Related Components by Increasing Production Capacity by 1.5 Times

27 June 2023 00:30

Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”), a group company of Nidec Corporation, today announced that it will construct a new factory for Nidec India Precision Tools Ltd. (“NMTI”), the Company’s cutting tool manufacturer and seller in Ranipet of India’s Tamil Nadu State, to start production on Saturday, July 01. The new factory, with its production capacity 1.5 times

Nidec Develops Proof of Concept (PoC) for Digital Twin-type Intelligent Motor®

26 June 2023 22:29

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has developed a proof of concept (PoC)*3 to realize an “Intelligent Motor® solution,” a system that the Company defined to adapt (i) Intelligent Motors®*1, which are equipped with microcomputers and data coupling and time synchronization functions, and (ii) products with an Intelligent Motor®, to digita

Digistart D4-D5, the new generation of electronic controllers for fixed speed applications

22 June 2023 05:32

The Nidec Leroy-Somer Digistart soft starter has been upgraded and brings fresh features with the D4 and D5 ranges. The new series are designed to better meet the productivity needs of fixed-speed equipment, and incorporate the latest control and protection technologies as well as embedded intelligence functions. The new starters not only start and stop the machines accurately and efficiently, the

CONTROL TECHNIQUES PROMOTES TECHNOLOGICAL SUSTAINABILITY BY TAKING PART IN THE 3BEE “ADOPT A HIVE” PROJECT

22 June 2023 05:17

As part of its 50th anniversary celebrations, Control Techniques Italy have decided to focus their attention on issues of sustainability and circularity, by supporting an initiative that blends technology, innovation, and commitment to the environment.
Control Techniques, a part of the Nidec group, who are leaders in the design, development, and manufacture of high-performance and highly effic

Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry

17 June 2023 16:00

Kyoto, Japan – June 18th, 2023 – Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector. The transaction combines the complementary synergies and distinct areas of expertise of two w

Nidec Develops New Electric Power Steering Motor Power Pack

9 June 2023 02:52

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).

Nidec’s New Column-Type EPS-PP

Since the 1990’s, Nidec has been developing and manufacturing EPS motors, which are embraced by auto manufacturers around the world today.
There are two types of EP

Nidec and Renesas Collaborate on Semiconductor Solutions for Next-Generation E-Axle for EVs

5 June 2023 03:41

June 5, 2023 ―Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Renesas Electronics Corporation (TSE:6723) have agreed to join forces on the development of semiconductor solutions for a next-generation E-Axle (X-in-1 system) that integrates an EV drive motor and power electronics for electric vehicles (EVs).
Today’s EVs are increasingly adopting the 3-in-1 unit called E-Axle, which integra

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