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

  • US drivers turning to alternative fuel vehicles says research
    December 19, 2012
    Increasing numbers of US customers are turning to alternative fuel vehicles, according to the latest research from Mintel, which shows that sales are up 73%, with nearly 440,000 hybrid, plug-in hybrid, and electrics sold thus far this year. The rapid sales growth in hybrid and electric vehicles makes the segment the fastest growing in the US for 2012, supplanting the still fast growing, compact car vehicle segment. The number of plug-in and electric models available to the public has nearly quadrupled over
  • Report forecasts plug-in electric vehicle sales for North America
    September 18, 2012
    According to a report from Pike Research, annual sales of plug-in electric vehicles (PEVs) are forecast to reach 400,073 in the United States and 107,146 in Canada by 2020, but the real story of these sales is in the cities and utility service territories where the vehicles will be located. Pike Research has analysed PEV sales by state and across cities with more than 500,000 residents in the United States, plus forecasts for Canadian provinces and the seven largest cities in Canada. These forecasts were c
  • Development of cooperative driving applications for work zones
    July 17, 2012
    The German AKTIV project is researching several cooperative driving applications for use in work zones. PTV's Michael Ortgiese details progress. The steep increases in traffic volumes predicted back in the early 1990s have unfortunately been proven to be more than accurate. In Germany, the AKTIV project continues to look into cooperative technologies' potential to reduce the impact of those increased traffic volumes and keep traffic moving despite limitations in infrastructure capacity.
  • Shift from vehicle ownership to user-ship fuels growth in vehicle leasing
    March 3, 2017
    A dynamic shift from vehicle ownership to user-ship has set the stage for double-digit, year-on-year growth in the European private vehicle leasing market, according to Frost and Sullivan researchers. Growth is augmented by customer demand for hassle-free, flexible mobility solutions. Original equipment manufacturers (OEM), leasing companies, brokers, and financial firms must focus on sustainable solutions that offer customer value while driving profits and market penetration. “Product innovation and ad