Agreement Marks Major Step Toward Building a Reliable, U.S. Supply Chain for Sintered NdFeB Rare Earth Magnets, Critical Components of Advanced Electric Technologies

Nidec Corporation (“Nidec”), the world’s leading manufacturer of electric motors, generators, renewable energy solutions, and industrial machinery, proudly inaugurated its cutting-edge manufacturing campus, Orchard Hub, located in the Kotur-Belur Industrial Area of Hubli-Dharwad, Karnataka

Agreement Marks Major Step Toward Building a Reliable, U.S. Supply Chain for Sintered NdFeB Rare Earth Magnets, Critical Components of Advanced Electric Technologies

Nidec Takes Home Gold for Brand Architecture at the North America Transform Awards

Nidec Motor Corporation (“Nidec”), a 100%-owned subsidiary of Nidec Corporation, has announced a supply partnership agreement with leading Indian commercial vehicle manufacturer, Ashok Leyland (“AL”), the Indian flagship of the Hinduja group, to provide an electric motor-controller system (“E-Drive”) as vehicle electrification gains momentum globally and in India.

Nidec Corporation (”Nidec”) has announced a minority investment in Eve Air Mobility (“Eve”), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s electric propulsion systems, through the Company’s subsidiary, Nidec Motor Corporation, on July 1, 2024.

Nidec’s Motion & Energy India holds Groundbreaking Ceremony for greenfield project in Karnataka India, plans to invest Rs 450 Cr ($55M)

Nidec Motor Corp Government Relations Rep to speak at Conference in Brussels

Chris Wiseman Named President of Nidec Commercial and Industrial Business

CEO Kei Pang named Executive of the Year

Nidec Completes Acquisition of Italy-Based Motortecnica s.r.l.