Nidec Corporation announced today that it has adopted at a meeting of the Board of Directors held on August 1, 2019 a resolution to execute a contract with GAC Components Co., Ltd., a member of China-based Guangzhou Automobile Group Co., Ltd., to establish a joint venture to manufacture automotive traction motors.
Nidec Corporation announced today that the Company completed the acquisition of the compressor business (“Embraco”) of Whirlpool Corporation on July 2, 2019 (July 1, 2019 local time in Brazil) following the European Commission’s approval granted on June 26, 2019.
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that two Nidec subsidiaries, Nidec Europe B.V. and Nidec Americas Holding Corporation will sell Nidec’s entire compressor business, Secop, to ESSVP IV L.P., ESSVP IV (Structured) L.P., and Silenos GmbH & Co. KG (collectively “ESSVP IV”), advised by Orlando Management AG (“the Transaction”).
Nidec Corporation announced today that its Board of Directors has approved a resolution to acquire OMRON Automotive Electronics Co. Ltd. from OMRON Corporation. Through the Transaction, the Company will be able to create new module and systems products by combining Nidec's and OMRON Automotive Electronics’ products.
As a next step in the company’s strategy of developing key components for electric vehicles, Nidec announces two new models of its fully integrated automotive traction motor system (E-Axle) and a new short range radar—the first in the world that, with a single antenna, doubles as a proximity sensor for automatic parking systems, obviating the need for separate ultrasonic sensors.
Following last year's reveal of Nidec's fully integrated traction motor system E-Axle and the announcement that the product will be adopted by the Aion S super e-car slated to appear on the Chinese market in May 2019, the company now presents a prototype of a new addition to its lineup of motors powering electric vehicles: a traction motor designed to be fitted inside the wheel hubs.
Nidec Corporation today announced that the Company has completed the acquisition of 70% ownership of DESCH Antriebstechnik GmbH & Co. KG and its group companies , privately owned German companies from its owners through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.
Nidec Corporation today announced that it has acquired a 100% ownership of a privately owned German company, Systeme + Steuerungen GmbH and its group companies , from its owners on February 4, 2019 through Nidec-Shimpo GmbH, a German-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.
Nidec Corporation today announced that the Company has agreed to acquire a 70% ownership of a privately owned German company, DESCH Antriebstechnik GmbH & Co. KG and its group companies in Germany and China, from its owners on January 31, 2019 through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.
Introducing new products demonstrated by Nidec at CES 2019. Although electric motors have been around since the first half of the 1800s, their function has largely remained unchanged. By converting electricity to mechanical energy they act as the muscles that power our machines and devices and give them the ability to spin and move. Accordingly, the bulk of the innovations that the technology...
The launch of 5G is expected to deliver a slew of benefits including dramatically higher data transfer rates and reduced latency. Coupled with advances in artificial intelligence, smartphones and other devices are set to become even more powerful. But this trend does not come without its challenges; as the performance of devices increases, so do the requirements on thermal management.
Kyoto, Japan: The new electric car brand Aion S recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm, will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle). The super e-car with a driving mileage of over 500 kilometers is slated to hit the market in 2019.
