Skip to main content

Groupe PSA and Nidec to develop automotive electric traction motor

Groupe PSA and Nidec, through Nidec Leroy-Somer Holding, has entered into a joint venture to launch and sell a range of efficient traction machines to meet the needs of OEMs shifting towards electrified vehicle technologies. The electric traction powertrain's main components will be designed and produced in France.
December 7, 2017 Read time: 1 min
Groupe PSA and Nidec, through Nidec Leroy-Somer Holding, has entered into a joint venture to launch and sell a range of efficient traction machines to meet the needs of OEMs shifting towards electrified vehicle technologies. The electric traction powertrain's main components will be designed and produced in France.


This project will engage research and development, manufacturing and sales for high-performance electric traction motor mainly to Groupe PSA, and to other OEMs.

The closing of the transaction remains subject to antitrust clearance and employee representative consultation.

Related Content

  • April 22, 2016
    NZ Bus transitioning to electric powered vehicles
    New Zealand-based infrastructure investment company has announced a US$30m deal with US electric vehicle powertrain manufacturer Wrightspeed to supply its Route 500, which it intends to deploy on its public transport business through NZ Bus. Wrightspeed's Route 500 range-extended powertrain is capable of powering vehicles weighing up to 36,000 pounds, in grades as steep as 40 per cent, and maintains an efficient drive, with an estimated 11.1 miles per gallon gasoline equivalent. The 80kW, fuel agnostic fulc
  • March 11, 2016
    Honda begins sales of fuel cell car
    Honda Motor has begun to sell its all-new fuel cell vehicle (FCV) in Japan, the Clarity Fuel Cell; its first-year sales target is 200, mainly through lease sales mainly to local government bodies or businesses Honda has already been working with to popularise FCVs. Making the fuel cell powertrain more compact using original Honda technologies and fitting it entirely under the hood of the car enabled Honda to create an FCV to carry five passengers rather than the usual four. Combined with the improved
  • December 3, 2024
    TagMaster acquires Quercus in €5.5m deal
    Acquisition is designed to strengthen position in global parking sector
  • April 18, 2012
    Funding to develop non-rare-earth magnet electric motors
    The US Department of Energy (DOE) has awarded US$3 million to UQM Technologies for the development of non-rare-earth magnet electric motors for use in electric and hybrid electric vehicles. The company will cost-share 25 per cent of the $4 million effort under the development programme.