Nidec Corporation ― the world's No.1 comprehensive motor manufacturer ― announced its first-quarter financial results and the mid-term strategic goal Vision2025.
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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 quarterly op
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'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 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.
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 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.
The eyes of the world are focused on autonomous driving as companies around the globe push to develop technologies that contribute to a safer motorized society. One of these technologies, the world's smallest ADAS sensing unit of its kind that integrates a monocular camera and a millimeter wave radar, was announced by the Nidec group in September 2017.
As the electrification of automobiles rapidly progresses, Nidec is strengthening its presence in the industry. Recently, the company made its entry into the market for automotive traction motors—a key component at the core of fully electric (EV) and plug-in-hybrid electric vehicles (PHEV)—with the E-Axle.
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.
The new president of Nidec, appointed in June 2018, talks about his leadership vision, plans for the future and what he has learned through his diverse career that started at a general trading company.
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.
