KYOTO -- Nidec plans to invest a total of 1 trillion yen ($7.21 billion) in its E-Axle electric motor systems by around fiscal 2030, Chairman and CEO Shigenobu Nagamori told Nikkei, in its bid to become the world's top player in the field.
Interview
Nidec to invest $7bn-plus in EV motors, CEO Nagamori says
Japanese maker expands research and development, including in Bulgaria
Nidec Chairman and CEO Shigenobu Nagamori said the company will need up to 5,000 technical experts. (Photo by Kosaku Mimura)
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