Japanese motor maker Nidec Corp. is set to construct a major factory in Pinghu in eastern China’s Zhejiang province, expanding supplies of traction motor systems for electric vehicles.
Construction is scheduled to begin in October and the plant will start building the “E-Axle” traction motor system and associated components such as inverters and gears in 2024, the supplier said this week.
The factory, its fifth traction motor production site and the fourth “E-Axle” assembly plant in China, will be tooled up to churn out 1 million “E-Axle” systems at full capacity, according to Nidec.
Nidec’s “E-Axle” system integrates motors, gears and inverters into a single package.
Since launching output of the “E-Axle” system locally in April 2019, Nidec said it has sold more than 370,000 units in China.