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Groupe PSA and Nidec to set-up joint venture for automotive electric traction motor
On December 4, Nidec Corporation announced that Nidec and Groupe PSA, through Nidec Leroy-Somer Holding, intend to work together in the field of electric traction motor. For this purpose, Nidec Leroy-Somer and Groupe PSA entered into a joint venture agreement.
The joint venture will be headquartered in Carrieres sou....
The joint venture will be headquartered in Carrieres sou....
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