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Aug 2, 2019, 4:30 am231 ptsGreen Car Congress
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., Ltd., a member of China-based Guangzhou Automobile Group Co., Ltd. to manufacture automotive traction motors. The tentative name of the JV is Guangzhou Nidec Auto Drive System Co., Ltd. Nidec will hold 51%, and GAC…
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