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Nidec to build JPY 100 billion plant in Mexico for e-axle production

According to several news media sources, Nidec Corporation (Nidec) is planning to invest approximately JPY 100 billion (USD 715 million) to build a plant in Mexico to produce e-axles for electric vehicles (EV). Construction is expected to begin during or after the next business year starting in April. Nidec is curren....

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