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12 Apr
17:58

Nidec moves up Serbian battery plant construction schedule

Japan’s Nidec now plans to open its new 200 billion yen ($1.9 billion) battery plant in Serbia in mid-2022, instead of the originally planned 2023, Kallanish learns from a company statement.  The plant in Novi Sad will have an annual production capacity of 200,000-300,000 batteries/year.  The 2022 completion date was originally announced in local media in December.  “In Europe, where environmental regulations and major countries’…
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