Nidec Company will construct a flagship manufacturing facility to supply its E-Axle traction motor system within the metropolis of Pinghu, Zhejiang Province in China. The brand new manufacturing facility to be constructed shall be Nidec’s fifth traction motor-related manufacturing web site, and the fourth E-Axle meeting plant, in China. Building is deliberate to start out in October 2022, and manufacturing is deliberate to start out in October 2023.
As Nidec’s “flagship manufacturing facility” for its E-Axle enterprise, not solely will the power assemble and produce E-Axle models, however it can additionally function as an EV-dedicated plant that consolidates the Nidec Group’s part companies (e.g., inverters and gears), with a most annual manufacturing capability of 1 million models.
Rendering of the plant
As Nidec goals to realize its 2030 gross sales goal of ¥10 trillion (US$78 billion), its automotive enterprise, the traction motor enterprise particularly, performs a pivotal function.
Nidec has to this point bought greater than 370,000 models of E-Axle, the traction motor system that Nidec began producing in April 2019. As well as, primarily based on the forecast that the fiscal yr of 2025 would be the important turning level to see a surge within the demand for traction motors, Nidec plans to promote 3.6 million models of E-Axle with a deliberate manufacturing capability of seven million models for a similar fiscal yr.
