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Automotive

Japan’s Nidec plans $1.9 billion EV motor plant in Europe, report says

auto matic

The plant, which follows construction of an EV motor plant in China, is slated to open in 2023 with annual production of between 200,000 and 300,000 units a year, the Nikkei newspaper reported.

source https://www.autonews.com/suppliers/japans-nidec-plans-19-billion-ev-motor-plant-europe-report-says

  • Japan’s Nidec plans $1.9 billion EV motor plant in Europe, report says
  • Tesla fined $14M in Germany for battery recycling violation

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