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...Meanwhile, in Asia, Foxconn and Japan’s Nidec are in discussions to set up a Taiwan-based joint venture next year to build motors for electric vehicles, as the two Apple suppliers make an aggressive push...
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...Seki was later headhunted and left Nissan to join Nidec, a Japanese motor maker investing heavily in drivetrains for EVs. He is now the company’s CEO....
...One example is Kyoto-based Nidec, the world’s largest motor maker, which is investing in China to meet the rapidly growing demand for electric vehicles. For Nidec, there is no substitute....
...Nidec in electric motors, for example, Keyence in sensors, and Fanuc in robots....
...The 76-year-old self-made billionaire says that his company, Nidec — an electric motor manufacturer — has continued to build its presence in China despite the trade war between Washington and Beijing....
...Japan’s Nidec will spend about $1.9bn to build an electric vehicle motor factory in Serbia, as the company looks to expand its foothold in Europe....
...He left Nissan after three decades to become future CEO of Apple supplier Nidec....
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