ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Mitsui & Co. to make electric vehicle motors in India

Joint venture with Taiwan's Teco aims for slice of country's growing EV market

TOKYO -- Japanese trading house Mitsui & Co. will produce electric vehicle motors in India in partnership with Taiwanese motor manufacturer Teco Electric and Machinery, likely becoming the first Japanese company to make EV motors in the country.

Teco is the world's fourth-largest industrial motor maker, with annual sales of around $1.63 billion. The Taiwanese company has also made components for Taiwan's high-speed trains.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more