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.