Nidec Corporation’s business plan predicts EV dominance by 2025
Kyoto-based Nidec Corporation is a major supplier of electric motors to various industries, including a 80% global market share in hard disk drive (HDD) motors. In a recent announcement in April this year, they revealed an ambitious plan to vastly increase their supply capacity to the auto industry. In the article, we look at how their business plan sheds light on the predicted growth of EVs.