KYOTO, Japan -- Japanese manufacturer Nidec said Monday that it will build a flagship electric vehicle motor plant in China, with production set to launch in the fall of next year.
Electric cars in China
Nidec targets 2023 start for flagship EV motor plant in China
Complex will have capacity to produce 1m units a year
An artist's rendering of Nidec's new EV motor factory in Zhejiang Province, China. (Image courtesy of Nidec)
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