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Nidec Announces Investment in Eve Air Mobility for Strategic Partnership
Jul 01, 2024•almost 2 years ago
Contract Type
partnership
KyotoAppliances, Electrical, and Electronics Manufacturing
Description
Nidec has announced a minority equity investment of USD 20M in Eve Air Mobility ("Eve"), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and a launch partner for Nidec Aerospace’s propulsion system. This investment is part of a strategic partnership with Eve, which will see Nidec's subsidiary, Nidec Motor Corporation ("NMC"), making the investment.
Company Information
Company
Nidec Scroll Technology (Changzhou) Ltd
Location
Kyoto, Kyoto Prefecture, Japan
About
Nidec Scroll Technology, formerly Changzhou Xecom Energy Technologies Co., Ltd., specializes in designing and producing high-performance scroll compressors for air conditioning and refrigeration. Established in 2021, it aims to meet the growing demands in the cooling market. The company has around 75 employees and reported net sales of approximately 17 million USD in 2024. Its products are crucial for efficient HVAC systems.
KyotoAppliances, Electrical, and Electronics Manufacturing