PSA Sets Up Electric Motor Joint Venture With Nidec – Annual Traction Motor Output Of 900,000

By Mark Kane PSA Group and Nidec have announced a joint venture for automotive electric traction motors that will be set-up in France in early 2018 to meet the needs of PSA and other OEMs. Japanese Nidec will participate in the JV through Nidec Leroy-Somer Holding (French electric motor company, acquired by Nidec… …read more