Nidec Corporation (Nidec) announced that it will take over the inverter business of Nidec Mobility Corporation (Nidec Mobility), a wholly owned subsidiary of Nidec. Nidec will take over the inverter business through an absorption-type split. The aim is to efficiently use of its management resources, further strengthe

On February 12, Karnataka hosted the Invest Karnataka 2025 Global Investors Meet, bringing together policymakers, industry leaders, and investors. The event saw a total of 15 Japanese firms sign memorandums of understanding (MoUs) and pledge INR 75 billion to the Karnataka government.
Toyota Kirloskar Motor Private

On February 3, Nidec Motor Corp. and Noveon Magnetics announced a 5-year, binding off-take agreement with the potential to supply more than 1,000 tons of total off-take of finished sintered NdFeB rare earth magnets, supporting Nidec's operations across critical industries including automation, industrial, and defense

On January 20, Nidec inaugurated its expanded facility in Reynosa, Mexico, following a USD 23 million investment announced in July 2024. The plant is now ready to begin operations, marking a significant milestone in Nidec's 20 years of successful presence in Reynosa. 
The project is expected to generate 384 new jobs,

Nidec Corporation (Nidec) announced that its subsidiary Nidec Mobility Corporation (Nidec Mobility) has developed the electric clutch ECU for two-wheel vehicles, which enables the rider to shift gears without using the clutch lever.
The newly developed electric clutch ECU automatically controls the manual transmissio

Renesas Electronics Corporation (Renesas Electronics) announced that it has jointly developed with Nidec Corporation (Nidec) the world’s first 8-in-1 proof of concept (PoC) for e-Axle systems for electric vehicles (EVs), which controls eight functions using a single microcontroller (MCU).
Together with the motor and

On October 3, Ashok Leyland signed a multipronged partnership agreement with Japan-based global electric motor drive manufacturer Nidec Motor Corporation (Nidec), a 100 %-owned subsidiary of Nidec Corporation. The companies will work together to establish a Centre of Excellence (CoE) for Electric Drive Units (EDUs).

On July 29, it was announced that Nidec, Japan's leading Tier 1 alternator manufacturer, will invest USD 23 million to expand the operations of its plant in Reynosa, Tamaulipas, Mexico.
The project is possible thanks to the collaboration between the Government of Tamaulipas and the industrial sector, which will stren

Nidec Corporation executed a memorandum of understanding (MoU) with India’s Tata Elxsi Ltd. (Tata Elxsi), a design and technology service provider. The MoU aims to enable Nidec to utilize Tata Elxsi’s know-how and resources to accelerate Nidec’s group-wide enhancement of its software development capability.
Furthermo

Nidec Corporation (Nidec) announced that Nidec Motor (Dalian) Limited, a Chinese subsidiary of Nidec, has developed a new air suspension motor. The motor features compact size, long life, and high responsiveness at start-up. The product drives an air compressor that supplies compressed air to an air tank.
By pursuing

It was announced that Nidec Press & Automation held the opening ceremony for the expansion of its headquarters in Querétaro through an investment of USD 20 million.
Thanks to this expansion, the facility will have a total construction area of 20,000 square meters, increasing the internal manufacturing capacity of pre

On March 20, Stellantis unveiled the new Peugeot E-5008 electric SUV, the only seven-passenger model in its segment to offer 100% electric mobility. The vehicle dimensions are (LWH) 4.79 m x 1.89 m x 1.69 m along with 2.90 m wheelbase and offer ample storage under row 3 seats (around 80 litres). Its high-performance