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

  • Motor insurance for autonomous vehicles ‘will shift from drivers to OEMs’
    October 19, 2015
    Autonomous vehicles are likely to increase insurance claims related to product parameters rather than driver liability New analysis from Frost & Sullivan, Impact of Automated Vehicles on Motor Insurance Market, finds that motor insurers will move away from the driver-centric strategy to follow one or a combination of three models as automated vehicles become common: product-centric evaluation; brand-centric evaluation; system-centric evaluation.
  • European Parliament test drives fuel cell vehicles
    October 29, 2012
    The 5th Fuel Cell Electric Vehicle Drive ‘n’ Ride event was recently held in Strasbourg, France, under the patronage of Brian Simpson, Member of the European Parliament (MEP) and chair of the European Parliament’s transport and tourism committee, to demonstrate the readiness of fuel cells and hydrogen as a viable route to zero emission transport in Europe.
  • Gogoro to aid India EV transition
    May 6, 2021
    Gogoro battery-swapping platform combines artificial intelligence and machine learning
  • IRF World Congress 2024: moving ahead
    October 22, 2024
    On the last day of the three-day IRF World Congress 2024 in Istanbul, attendees heard what can work best, what can be improved and what the future might hold for those pursuing sustainable goals. David Arminas reports.