Home Business Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring

Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring

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Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring

Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.



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