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  • Peugeot iOn
    Article

    PSA joins forces with Nidec for electric motor production in France

    2017-12-06T14:30:30Z

    French carmaker Groupe PSA and Japan’s Nidec Corporation have agreed to form a joint venture and invest €220m in ($261m) in electric motor production in France for domestic and global distribution. Nidec makes electric motors through its subsidiary, Nidec Leroy-Somer Holding. In a joint statement, the companies said they would ...