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Kyoto-headquartered over-the-counter-listed automotive component company Nidec is planning a flagship factory for E-Axle, its electric vehicle traction motor system.  The factory will be located in Pinghu, Zhejiang. The main products will include E-Axle and related products such as inverters and gears. The construction of the factory is planned to begin in October 2022 and the production will start in October 2023. The company aims for the productio…
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