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Nidec Announces Comprehensive MOU with Tata Elxsi Ltd.

Jul 23, 2024almost 2 years ago

Contract Type

partnership

JapanManufacturingAutomotive

Description

Nidec Corporation has executed a memorandum of understanding (the “MOU”) on July 22, 2024 with India’s Tata Elxsi Ltd. The MOU aims to enable Nidec to utilize Tata Elxsi’s knowhow and resources to accelerate Nidec’s group-wide enhancement of its software development capability.

Company Information

Company

Nidec Corporation

Location

Japan

About

Nidec Corporation is a global manufacturer of electric motors. The company produces motors for a wide range of products, including automotive, industrial, home appliance, and commercial equipment.

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Strategic partnership established
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