Electric vehiclesThe motor maker pivots to restructuring, abandons expansion-era effortCEO Mitsuya Kishida says Nidec wants "to withdraw from the e-axle business, which has become" rife with cutthroat competition. (Photo by Yo Inoue)Nikkei staff writersMay 18, 2026 11:40 JSTKYOTO, Japan -- Nidec will dissolve its joint venture with a Chinese company for electric axles, the powertrains of electric vehicles, Nikkei learned on Monday.
Japan's Nidec to end China JV as it scales back EV drive parts
The motor maker pivots to restructuring, abandons expansion-era effort
62 words~1 min read
