Nidec Corporation plans USD715 million electric motor manufacturing plant in Mexico
Nidec’s local manufacturing plans are aligned with the US policies that are promoting North America-based EV manufacturing ecosystem
Japanese electric motor manufacturer Nidec Corporation is planning to invest about JPY100 billion (USD715 million) to build a production facility in Mexico, according to a news report published by Nikkei Asia on 18 November 2022.
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