NIDEC CORP. TO SPEND 1.9 BILLION DOLLARS FOR BUILDING ELECTRONIC VEHICLE MOTOR FACTORY IN EUROPE

Highlights:

• The Nidec Corp., which is based in Japan is going to 1.9 billion dollars on a new plant in Serbia
• The company Nidec Corp. is going to build motors for the electric vehicles as the company is seeking more business from the automakers

The Nidec Corp., which is company situated in Japan is going to invest 1.9 billion dollars on a new plant in Serbia for the manufacturing ....