Nidec-PSA emotors joint venture is established
In recent days, the joint venture Nidec-PSA emotors, dedicated to the design, development, production and sale of electric traction motors (investment of 220 million dollars) was ratified.
The signing on the agreement was affixed by the President and General Manager of Nidec Leroy-Somer, Shigenobu Nagamori, and by the number one of the PSA Group, Carlos Tavares.
Already hired 40 engineers who have reached the headquarters of the joint venture in Carrières-sous-Poissy, near Paris, waiting for another 30 to arrive at the end of summer.
The electric powertrains designed by the company will be produced at he Trémery factory to then go to equip mild-hybrid vehicles, rechargeable hybrids and pure electric models.