trending Market Intelligence /marketintelligence/en/news-insights/trending/vmri6-b35q3tmwlpjyfddg2 content esgSubNav
In This List

Nidec, PSA complete formation of electric motor JV

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Nidec, PSA complete formation of electric motor JV

Japanese electric motors manufacturer Nidec Corp. and French automaker Groupe PSA completed the establishment of their joint venture, Nidec PSA emotors.

The new company will develop, manufacture and sell automotive electric traction motors and inverters. The 50/50 joint venture has an initial share capital of €15 million.

The transaction is not expected to have a significant impact on Nidec's financial results for fiscal year ending March 31, 2019.