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NSK to make NSK Steering & Control consolidated subsidiary
NSK to make NSK Steering & Control consolidated subsidiary NSK Ltd. (NSK) announced that it will conclude a share purchase agreement with Japan Industrial Solutions III Investment Limited Partnership (JIS) to acquire shares of NSK Steering & Control, Inc. (NS&C), currently an equity-method affiliate of NSK. As a result of the share acquisition, NS&C and its subsidiary, NSK Steering Systems Co., Ltd., will become consolidated subsidiaries of NSK. ...
News Updated at: 2025/05/14
NSK, Wolong Electric forge strategic partnership
NSK, Wolong Electric forge strategic partnership NSK signed a strategic cooperation agreement with Wolong Electric Group Co., Ltd. (Wolong Electric). Under the agreement, the two companies will launch strategic cooperation in the following three areas. Joint technology R&D: This concerns green transportation, green energy, robots, industrial drive innovation, and more. Global supply chain synergy: NSK will leverage its global manufacturing layout...
News Updated at: 2025/04/08
Rane Steering Systems, India sells Chengalpattu Land for INR 505 million
Rane Steering Systems, India sells Chengalpattu Land for INR 505 million On April 4, Rane Holdings Limited announced that Rane Steering Systems Private Limited (formerly known as Rane NSK Steering Systems Private Limited) (RSSL), wholly owned subsidiary of the Company, as part of its strategy of monetization of non-core assets, sold the land situated at Chengalpattu, Tamilnadu measuring 3.995 acres for a consideration of INR 505 million. Based on...
News Updated at: 2025/04/04
NSK develops new deep groove ball bearing for electrified vehicles
NSK develops new deep groove ball bearing for electrified vehicles NSK Ltd. (NSK) has developed a new deep groove ball bearing that is expected to be used for electrified vehicles. The new product meets the need for downsized e-axles and hybrid vehicle drive units and has an approx. 10% shorter outside diameter and a halved weight compared to conventional parts. NSK is aiming to generate annual sales of JPY 4 billion from the new product by 2030....
News Updated at: 2025/03/31
NSK opens Chinese headquarters, 2nd phase of Chinese R&D center in Kunshan, Jiangsu
NSK opens Chinese headquarters, 2nd phase of Chinese R&D center in Kunshan, Jiangsu NSK opened its Chinese headquarters and the second phase of its Chinese R&D center in the Huaqiao Economic Development Zone in Kunshan, Jiangsu. The NSK Chinese Headquarters and the second phase of the NSK Chinese R&D Center are located on 8 Caiqiao Road. Taking the opening of the second phase of the R&D center as an opportunity, NSK will strengthen local R&D capa...
News Updated at: 2025/03/28
NSK participates in 19th CIBIE
NSK participates in 19th CIBIE NSK participated in the 19th China International Bearing Industry Exhibition (CIBIE) with a range of bearings and precision machinery components. For automobiles, NSK exhibited the latest products for electrification and low friction. Delivering a maximum DmN value of 2.1 million, the NSK ultra-high-speed bearing for EV motors is designed with a more space-saving internal structure. The NSK foreign-matter-resistant ...
News Updated at: 2024/12/05
NSK develops low-friction hub unit bearing
NSK develops low-friction hub unit bearing NSK Ltd. (NSK) announced on September 18 that it has developed a new “low-friction hub unit bearing”. The company has reduced frictional resistance by 40% while maintaining the water resistance of existing products. The low-friction hub unit bearing will help improve fuel and power efficiency. NSK will promote the new product to Japanese and overseas automakers, and is aiming to achieve sales of JPY ...
News Updated at: 2024/09/20
Rane Holding, India gets approval from CCI to acquire Rane NSK Steering Systems
Rane Holding, India gets approval from CCI to acquire Rane NSK Steering Systems On September 4, Rane Holding announced that the Competition Commission of India (CCI) had considered and approved its proposed acquisition of the remaining 51% equity stake of NSK Ltd., Japan, in the joint venture company, M/s. Rane NSK Steering Systems Private Limited. Rane Holding intimated the CCI on July 01, 2024, about the proposed acquisition. Rane NSK Steer...
News Updated at: 2024/09/04
NSK to sell production subsidiary Neuweg Fertigung in Munderkingen, Germany
NSK to sell production subsidiary Neuweg Fertigung in Munderkingen, Germany NSK Ltd. (NSK) announced the decision to sell its European production subsidiary, Neuweg Fertigung GmbH (Neuweg) to individual investor Mr. Stephen Lord, its Plant Manager Mr. Willi Castro and its Finance Director Mr. Dominik Szell. The sale is expected to be completed in the first half of 2024 and is a part of NSK’s Europe structural reorganization. It will not signifi...
News Updated at: 2024/07/26
Rane Holding, India to acquire remaining 51% stake in Rane NSK Steering Systems from NSK, Japan
Rane Holding, India to acquire remaining 51% stake in Rane NSK Steering Systems from NSK, Japan Rane Holdings Limited (RHL) approved the acquisition of a 51% stake from the joint venture partner NSK Limited in Rane NSK Steering Systems Private Limited (RNSS). Post the acquisition, it will become a wholly-owned subsidiary of RHL and named Rane Steering Systems Private Limited (RSSL). RSSL will continue the existing technology license and supply a...
News Updated at: 2024/07/01
NSK invests USD 44 million to expand plant in Mexico
NSK invests USD 44 million to expand plant in Mexico It was announced that NSK Bearings Manufacturing Mexico invested USD 44 million to expand its plant located in Silao, Guanajuato. This expansion will create 51 new jobs and is expected to be completed by 2026. The company, which specializes in manufacturing bearings, serves clients in Mexico such as Honda, Toyota, Mazda, and VW. (Mexico Industry on May 20, 2024)...
News Updated at: 2024/05/23
Rane Group, India updates about order won during Q4 FY 2024
INR 1.7 billion in orders for steering gear from a domestic MHCV customer and orders worth INR 70 million from domestic CV customers for EV applications. Under its Rane Engine Valve division, it won an INR 70 million order from a domestic customer for a UV (utility vehicle) model. Furthermore, Rane NSK secured a new business worth INR 2.5 billion for EPS from a domestic customer for a UV model and an INR 740 million order for a steering column fr...
News Updated at: 2024/05/21
NSK announces two new products for automotive actuators
NSK announces two new products for automotive actuators On May 8, NSK Ltd. (NSK) announced two new products it developed particularly for automotive actuators. It aims to start volume production in 2026 at the earliest. The “locking clutch” contributes to improved power transmission efficiency for rear-wheel steering actuators. NSK aims to generate sales of JPY 3 billion from the new products by 2030. NSK is aiming to install the “automotiv...
News Updated at: 2024/05/09
NSK develops seventh-generation low-friction tapered roller bearing
NSK develops seventh-generation low-friction tapered roller bearing On March 27, NSK Ltd. (NSK) announced that it has developed the seventh-generation low-friction tapered roller bearing. The seventh-generation bearing offers a 20% reduction in frictional resistance compared to the sixth-generation product and has compatibility with products of previous generations. The new bearing will be integrated into transmissions and e-axles to contribute t...
News Updated at: 2024/03/28
NSK to actively invest in e-axle bearings and other growth pillars
NSK to actively invest in e-axle bearings and other growth pillars NSK Ltd. (NSK) has positioned e-axle bearings, SUV-specific tapered roller hub bearings, and electro-hydraulic brake ball-screws as three pillars for growth in its automotive business and will bolster its global production capacity for these pasts over the three years from FY2024. It will invest a total of JPY 10 billion at its plants in and outside Japan and will increase the pro...
News Updated at: 2023/12/19
NSK expands R&D center and headquarters in Kunshan City in China
NSK expands R&D center and headquarters in Kunshan City in China NSK Europe Ltd. (NSK) expanded its R&D center and headquarters in the Huaqiao Economic Development Zone of Kunshan City in China. It will have a total area of approximately 21,000 sqm. The construction will be completed in August 2024. NSK's R&D base in China provides technical support for automotive and industrial machinery projects. With this expansion, NSK will enhance R&D techno...
News Updated at: 2023/12/12
NSK establishes its first tribology research center at Tokyo Institute of Technology
NSK establishes its first tribology research center at Tokyo Institute of Technology NSK Ltd. (NSK) announced on December 5 that it has established a collaborative NSK tribology research center at the Tokyo Institute of Technology’s (Meguro Ward, Tokyo) Suzukakedai Campus (Midori Ward, Yokohama City). This is the first time for the company to establish a research center at university. The new center’s research theme is “tribology”, which ...
News Updated at: 2023/12/07
Rane Group updates about new business wins
imited won an INR 500 million order from a domestic LCV customer, an INR 240 million order for light metal casting products from an export customer, an INR 100 million order for linkages from a CV customer including an EV SCV application, and an INR 260 million order for rack and pinion parts. Rane NSK won an INR 1.75 billion order for EPS from a domestic customer for the UV model. Rane Engine Valve won an INR 50 million order from a domestic CV ...
News Updated at: 2023/11/17
NSK to exhibit electrified products at Japan Mobility Show 2023
NSK to exhibit electrified products at Japan Mobility Show 2023 NSK Ltd. (NSK) announced that it will exhibit products ranging from elemental parts to unit products that contribute to the "running," "turning," and "stopping" of automobiles at the Japan Mobility Show 2023, held in Tokyo from October 26 to November 5, 2023. The Selectable One-way Clutch (OWC) & Electric Clutch Pack for EV Shifting is a two-speed gear shift mechanism for parallel sh...
News Updated at: 2023/10/19
NSK expands range of electrical erosion resistant bearings for eAxle
NSK expands range of electrical erosion resistant bearings for eAxle NSK Europe Ltd. (NSK) announced a broader range of anti-electrical-erosion technologies for eAxle bearings used on EVs, following the completion of performance evaluations. Among the new options are over-molded bearings and conductive brushes. NSK’s anti-electrical-erosion options cover both insulating and conductive methods to meet a diverse range of design requirements that ...
News Updated at: 2023/09/26