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Electric motor manufacturer Nidec invests in Eve Air Mobility


Japan-headquartered electric motor manufacturer Nidec has made a minority equity investment of $20 million in Eve Air Mobility, a Florida manufacturer of electric vertical-takeoff-and-landing (eVTOL) aircraft. Eve is a launch partner for Nidec Aerospace’s propulsion system through its subsidiary Nidec Motor. Nidec Aerospace was established last year as a joint venture with Brazilian aircraft manufacturer… Read more…

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