Traction Motor Business for MHEVs, EVs and PHEVs through a Joint Venture with PSA
First written in FY2018-Q3. 4 of 5 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2025.
5 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「In Europe, ニデックPSAイーモーターズ, the joint venture with the Stellantis Group, began full-scale mass production of E-Axles in fiscal 2024, and its results have begun to be included in the consolidated results. The company is working to improve profitability through lower material and subcontracting costs and higher quality.」
For the joint venture with PSA, full-scale E-Axle mass production began in fiscal 2024, and its results began to be included in the consolidated results following its conversion into a consolidated subsidiary. - FY2025-H1AdvancedAnnual report
「From the current interim consolidated accounting period, ニデックPSAイーモーターズ, previously an equity-method affiliate, has been made a consolidated subsidiary.」
The joint venture with PSA changed from an equity-method affiliate to a consolidated subsidiary, and a gain of ¥10,088 million on the step acquisition was recognized upon consolidation. - FY2024AdvancedAnnual report
「In Europe, we will strengthen cooperation with the Company's Automotive Business Division at ニデックPSAイーモーターズ, a joint venture with Stellantis, and aim for a vertical launch when it is consolidated in fiscal 2024.」
For the joint venture with PSA, presents plans to strengthen cooperation with the Automotive Business Division and achieve a vertical launch upon consolidation in fiscal 2024. - FY2024-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 8 July 2023, the Group made a capital increase in ニデックPSAイーモーターズ, an equity-method affiliate. Capital increase: €75 million; date of capital increase: 25 July 2023; use of proceeds: capital expenditures」
Disclosed a €75 million capital increase in ニデックPSAイーモーターズ, the traction-motor joint venture with PSA, to fund capital expenditures. - FY2018-Q3First statedAnnual report
「日本電産ルロア・ソマー is a leading French motor manufacturer acquired in February 2017, operating a motor business across a broad range of fields in addition to its strength in industrial motors. PSA is also actively promoting the shift to EVs as an automaker with the second-largest market share in environmentally conscious Europe. Recognizing the strategic importance of traction motors to the future automotive industry, the two companies have agreed to collaborate on low-cost, high-efficiency traction motors for MHEVs, EVs and PHEVs supplied to PSA.」
Plans to establish a 50-50 joint venture with PSA between March and April 2018, with planned capital of €15 million, to develop, produce and sell traction motors for MHEVs, EVs and PHEVs.