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

  • Jet engine range extenders for electric vehicles
    June 19, 2015
    In its latest report, Range Extenders for Electric Vehicles Land, Water & Air 2015-2025, IDTechEx claims that over eight million hybrid cars will be made in 2025, each with a range extender, the additional power source that distinguishes them from pure electric cars. Add to that significant money spent on the same devices in buses, military vehicles, boats and so on and a major new market emerges. Whereas today's range extenders usually consist of little more than off the shelf internal combustion engine
  • EVs on a roll
    October 8, 2014
    A recently updated report by IDTechEx, Electric Vehicle Forecasts, Trends and Opportunities 2015-2025, indicates that the global market forecast for all hybrid and pure electric vehicles is expected to exceed US$533 billion in 2025. Sales of the BMW i3 and Tesla Model S pure electric cars are rising rapidly, with Tesla holding back demand because it cannot produce enough for at least a year. Those are premium priced vehicles. The major problem with mainstream pure electric cars is price. However, App
  • Joint venture delivers integrated parking payment
    October 31, 2014
    Mobile payment solutions provider Parkmobile USA is to partner with SP Plus Corporation (SP+) in a joint venture that will combine two parking transaction engines to deliver on-demand and prepaid transaction processing for on- and off-street parking and transportation services. Parkmobile will contribute its on-demand parking transaction engine that allows consumers to transact real-time payment for parking privileges in both on- and off-street environments. SP+ will contribute its proprietary Click and
  • Corporate car sharing fleets set to reach 85,000 vehicles in 2020
    February 24, 2014
    A recent analysis from Frost & Sullivan estimates the number of vehicles in car sharing fleets to stand at around 2,000 in 2013 and forecasts that by 2020 there could be between 75,000 and 100,000 of such vehicles in operation, as providers such as OEMs, leasing arms, rental companies, car sharing organisations (CSOs) and technology providers continually enter the market and expand geographically with competing solutions. With more than half of European automobile sales now accounted for by fleet sales, set