NIDEK CEO says drivetrain for EVs “decided to never go into the red”
On October 24, Nidek CEO Mitsuya Kishida talked about the company’s China business of “E-Axle,” a drivetrain for electric vehicles (EVs) that integrates a motor, reducer and inverter, which is still struggling. second quarter (July-September) with a surplus,” he said. With the release of third-generation products scheduled for the October-December period, the company said, “We … Read more