Nidec to Dissolve E-Axle Joint Ventures in China and Europe

Japanese motor manufacturer Nidec plans to dissolve its e-axle joint ventures (JVs) in China and Europe, shifting focus away from a struggling business segment. The decision follows significant financial losses and the company's strategic realignment under new leadership.

By GlobalData Mon, May 18, 2026 at 1:17 PM GMT+3 2 min read · Yahoo Finance · May 18, 2026, 10:17 UTC

Nidec to Dissolve E-Axle Joint Ventures in China and Europe

Tickers: $STLA

Topics: e-axle joint ventures losses strategic shift

Read the full article at Yahoo Finance

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