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Nidec starts discussions on establishing JV with Hon Hai Group for EV motor business
Nidec Corporation (Nidec) announced that it has agreed to start discussions on establishing a joint venture (JV) with Hon Hai Technology Group (Hon Hai) and Foxtron Vehicle Technologies Co., Ltd. (Foxtron). Nidec signed a memorandum of understanding with Foxtron on March 18, 2021 regarding its strategic alliance in t....
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