Nidec and Renesas team up on semiconductor solutions for next-gen E-Axle for EVs
June 07, 2023
Nidec and Renesas are joining forces on the development of semiconductor solutions for a next-generation E-Axle (X-in-1 system) that integrates an EV drive motor and power electronics for electric vehicles (EVs).
Nidec opens new factories in Serbia
May 25, 2023
Nidec says that it has seen an increase in demand for its automotive motors and inverters and ECUs following a tightening of environmental regulations in Europe and stricter CO2 emission regulations for automobiles in major countries.
Freyr Battery team up with four major industry partners
April 20, 2023
Norwegian battery manufacturer Freyr has entered into discussions on a potential strategic coalition with Glencore Plc, Caterpillar Inc., Siemens AG, and Nidec Corporation to pursue the scale up of sustainable battery solutions across Europe, North America, and beyond.
Nidec installs complete Yamaha line in new Mexico factory
March 29, 2023
Nidec's MOEN (Motion & Energy) division, has installed a complete Yamaha line featuring the latest F4.0 software, M2M, and traceability and monitoring tools in their recently opened factory in Monterrey, Mexico.
Nidec Control Techniques expands Into Mexico
November 14, 2022
Control Techniques and Nidec entered the next phase of its expansion plans for global manufacturing. On Wednesday 12th October a brand-new manufacturing facility was opened in Monterrey, Mexico.
FREYR inks sales agreement with Nidec and forms JV
August 31, 2022
FREYR Battery and Nidec Corporation have finalised an expanded 38 GWh battery cell sales agreement stretching from 2025 – 2030.
Nidec to build new Bulgarian development centre
August 17, 2022
The Japanese manufacturer of electric motors is planning to establish a new development centre in Sofia, Bulgaria.
Nidec breaks ground for new Serbian inverter factory
July 11, 2022
Nidec Elesys Corporation held Monday a groundbreaking ceremony of the company’s new factory at its planned construction site in the city of Novi Sad, the Republic of Serbia.
New CEO takes the helm at the ZKW Group
May 24, 2022
As of May 16, 2022, Dr. Wilhelm Steger has taken over the position as CEO of the ZKW Group.
Nidec breaks ground on new factory in Serbia
December 14, 2021
The Japanese company has broken ground on a new European manufacturing facility in in Novi Sad, Serbia.
Nidec in discussions regarding JV with Hon Hai and Foxtron
July 22, 2021
Nidec Corporation has agreed to start discussions on establishing a joint venture with Hon Hai Technology Group and Foxtron Vehicle Technologies of Hon Hai Technology Group in Taiwan.
Nidec expands with new factories in Serbia
April 12, 2021
The Japanese company announces that it has decided to open new factories in the city of Novi Sad in the Republic of Serbia.
Foxtron team up with Nidec to boost EV powertrain development
March 31, 2021
Foxtron, Foxconn's electric car company, has signed a memorandum of cooperation (MoU) with Nidec Corporation, under which the parties now join together as strategic cooperating partners looking to increase the momentum in the powertrain development for next-gen EVs.
Nidec to acquire the Delta production line from Secop Austria
April 15, 2020
Nidec Corporation has signed a definitive agreement with Secop Austria GmbH, under which Nidec will acquire the Delta production line from Secop.
Nidec completed acquisition of Roboteq
December 05, 2019
Nidec Corporation has completed the acquisition of 90% ownership of Roboteq Inc., a U.S.-based designer of ultra-low voltage (ULV) drives, from its owners through Nidec Motor Corporation.
Omron Automotive Electronics is now in the hands of Nidec
November 01, 2019
Nidec Corporation has completed the acquisition of Omron Automotive Electronics Co. Ltd. from Omron Corporation.
Nidec provides an update on its Omron deal
October 29, 2019
Nidec Corporation previously announced a plan to acquire Omron Automotive Electronics from Omron Corporation back inn April, 2019.
Nidec continues Polish investment
October 15, 2019
Nidec Motors & Actuators continues to expand in Poland and decided to invest a further PLN 165.2 million (EUR 3.8 million) in Kraków's special economic zone in Niepołomic.
Nidec to form a JV with GAC Components
August 12, 2019
Nidec Corp. aims to establish a joint venture for the manufacture automotive traction motors with GAC Components Co., Ltd., a member of China-based Guangzhou Automobile Group Co., Ltd.
Nidec sells Secop Compressor Business to ESSVP IV
April 30, 2019
Two Nidec subsidiaries, Nidec Europe B.V. and Nidec Americas Holding Corp. will sell Nidec’s entire compressor business, Secop, to ESSVP IV (ESSVP IV (Structured) L.P. and Silenos GmbH & Co. KG).
Eaton to supply inverters for battery-electric vehicle
April 18, 2019
Power management company Eaton's eMobility business has been chosen by Nidec-PSA Emotors (Emotors), a joint venture between Nidec Leroy-Somer and Groupe PSA, to supply high-performance traction inverters for a battery-electric vehicle platform.
Nidec to acquire OMRON Automotive Electronics
April 16, 2019
Nidec has announced that it has entered into a share purchase agreement to acquire Omron Corp’s automotive electronics unit for about JPY 100 billion yen (EUR 791.74 million).
Premier Farnell enters into new global franchise agreements
November 13, 2018
The distributor has expanded its linecard by adding a number of new manufacturers to its range. The new agreements provide Premier Farnell’s customers with access to several new product lines in key market sectors, covering the Interconnect, Passives & Electromechanical (IP&E) and Semiconductor product categories.
Yamaha Total Line Installation at Nidec UK
October 18, 2018
Yamaha Motor Europe IM Division says that it has received a major order for a complete surface-mount assembly line from Control Techniques, part of the Nidec Group, including the first UK purchase of Yamaha’s new YST15 component tower.
Nidec acquires Italian commercial motor manufacturer
July 05, 2018
Nidec Corporation has acquired a 100% ownership interest in CIMA S.p.A., an Italian commercial motor manufacturer, from its shareholders on July 2, 2018.
Premier Farnell makes major investment in inventory
May 21, 2018
Over the past 12 months, the company has invested almost USD 100M in additional inventory, from USD 350M in stock a year ago to $444M today
Nidec and Groupe PSA to form joint venture
December 20, 2017
Nidec Corporation and Groupe PSA, through Nidec Leroy-Somer Holding, intend to set up a joint venture dedicated to the design, development, manufacture and sale of electric traction motors.
Nidec acquires driveXpert GmbH
December 07, 2017
Nidec Motors & Actuators (Germany) GmbH has acquired driveXpert GmbH, specialised in design and development of hardware and software for automotive Electronic Control Unit (ECU) from its shareholders on November 30, 2017.
Nidec to acquire SV Probe
August 29, 2017
Nidec Corp. has agreed to acquire 100 percent equity shares of SV Probe Pte. Ltd., a probe card manufacturer from Singapore-based Ellipsiz Ltd. through the company’s subsidiary, Nidec-Read Corp.
SV TCL to be acquired by Nidec-Read Corporation
August 21, 2017
Japanese Nidec-Read has signed a conditional sales and purchase agreement Ellipsiz Ltd – the parent company of SV Probe Pte Ltd (SV TCL) – to acquire 100% of the shares in in SV Probe Pte Ltd.
Secop sold to Nidec
April 27, 2017
Aurelius Equity Opportunities sells its subsidiary Secop to the Nidec Group headquartered in Kyoto (Japan) for EUR 185 million.
Emerson closes sale of Leroy-Somer and Control Techniques
February 02, 2017
The sale of Emerson's Leroy-Somer and Control Techniques businesses to Nidec Corporation has been completed for a purchase price of USD 1.2 billion.
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