Nidec Holds a Signing Ceremony to Construct a Flagship E-Axle (Traction Motor System) Factory in Pinghu, Zhejiang Province in China
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has decided to build a flagship factory to produce its traction motor system, E-Axle, in the city of Pinghu, Zhejiang Province in China, and held a signing ceremony with the city’s government.
Time & date: 15:00 - 16:00 on Tuesday, May 17, 2022 (Japan time)
Places:
1) Building No. 3, the Pi