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 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 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.
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 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 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.
Geometry C, the new electric vehicle recently unveiled by Geely Automobile, will be driven by Nidec's 150 kW E-Axle model Ni150Ex
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.
Nidec has added two new models to its lineup of traction motor systems for electric vehicles: a 200 kW model for the D and E segments (large family cars and full-size / executive cars) and a 50 kW model for the A segment (micro / city / kei cars). With the addition of these two new models, the company's E-Axles can now be used by an estimated 98% of all electric passenger vehicles.
On February 4, 2020 Nidec held a press conference about the personnel changes resolved at a meeting of the board of directors held on the same day. The following is a summary of the statements made by the speakers at the press conference.
Nidec's EV traction motor system takes home the Nihon Keizai Shimbun Grand Prize Award in the 2019 Nikkei Superior Products and Services Awards
Nidec Mobility announces that the company is collaborating with University of Waterloo in Canada on the development of technology for improving the performance of in-vehicle radar sensors for detection of unattended children or animals.
German Bionic power suit prototype featuring Nidec-Shimpo’s super flat actuator to be showcased at exhibition in Tokyo (December 18-21)
With a global market share of 85%, Nidec's HDD motors are one of the core products that have laid the foundation of the company group. Now, as "five big waves" are approaching, the company is poised to leverage the proprietary technology and know-how it has built up over the years in this field in order to catch the new waves and grow the company further.
OMRON Automotive Electronics has become part of the Nidec group under the new name Nidec Mobility. Moving forward, the company will work closely with Nidec’s automotive motor business unit to develop new modules and systems that combine the motors, pumps, gears, etc. of the Nidec group with the electronic control units, and other electronic components, of Nidec Mobility.
Nidec is known for making active use of mergers & acquisitions (M&A) as a part of its management strategy. In this installment, Takamitsu Araki, senior vice president and general manager of Nidec's corporate strategy office, explains the company's M&A strategy and recipe for successful acquisitions.
Nidec's contribution to sustainability has traditionally been in the shape of efficient motors that reduce energy consumption, but for some time we have been stepping up our efforts to contribute through energy creation as well. In this installment, we take a look at Nidec ASI's strategy as told by Franck Girard, the Chairman & Managing Director of Nidec ASI - France.
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.
Announced in 2014, the revolutionary power wheelchair "WHILL" stands out for its sophisticated design and ease of use. More than just a wheelchair, it is truly worthy of being called a "next-gen personal mobility device." The latest model, announced in April 2017, is lighter, more compact and even easier to use, in part due to a custom-developed Nidec motor.
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.