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Nidec to profit from electric axle manufacturing

Yusin Hu, DIGITIMES Asia, Taipei Monday 5 December 2022 0

Credit: AFP

Japan-based motor and machine tools manufacturer Nidec plans to invest a total of JPY1 trillion (US$7 billion) in expanding its electric motor systems, Nikkei Asia cited Nidec chairman and CEO Shigenobu Nagamori as saying.

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