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Nidec China’s automotive motor production base completed

On December 15, the new plant of Nidec Automotive Motor (Zhejiang) Co., Ltd. in the Pinghu Economic Development Zone held a grand completion ceremony. It is reported that the new plant of Nidec Automotive Motor (Zhejiang) Co., Ltd. has a total investment of US$100 million and a registered capital of US$35 million. It mainly produces power steering motors, smart brake motors and electric drive systems for new energy vehicles, such as Geely, Bosch, and GAC. Well-known vehicle companies have become their important customers.

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