Nikkei: Nidec to build $715M e-axle plant in Mexico

Green Car Congress
By mmillikinNov 19, 2022, 10:00 am282 pts
The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company is currently producing e-axles in China and Europe but will start making them in North America as well ahead of an expected surge in demand. The…

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