Nidec Forms Joint Venture For Electric Motors With PSA

JUN 5 2018 BY MARK KANE 5

PSA Group and Nidec completed the establishment of a joint venture for automotive electric traction motors, announced first back in December.

Groupe PSA and Nidec to set-up a leading joint venture for automotive electric traction motor

The new company is named Nidec PSA emotors and both partners own 50% (Nidec Leroy-Somer Holding: 50%, PSA Automobiles SA: 50%).

Nidec PSA emotors begins with 40 employees at the HQ and development base in Carrières sous Poissy (Paris region) and the production base in Tremery (Grand Est region) in France. By the end of summer, 30 more engineers are to be hired.

Read Also – Check Out Nidec’s Fully Integrated Traction Motor That Weighs 83 Kg

The joint venture will be supplying electric powertrains for the PSA Group brands, which are Peugeot, Citroen, DS and Opel (Vauxhall).

It’s expected that by 2022, 900,000 motors will be produced annually, which is a lot – especially taking into consideration current low sales of BEVs by the group.

1. Information on the Joint Venture:
(1) Company name:Nidec PSA emotors
(2) Headquarters and development base:Carrières sous Poissy, Paris region, France
(3) Production base:Tremery, Grand Est region, France
(4) Representative (CEO):Ghislain Boiteau, Nidec’s executive
(5) Establishment:May 16, 2018
(6) Main business:R&D, production, and sale of automotive electric
traction motors and inverters
(7) Number of employees:40 (the joint venture plans to hire additional 30
engineers by the end of summer 2018, and more in
line with business expansion.)
(8) Initial share capitals:€15 million
(9) Ownership:Nidec Leroy-Somer Holding: 50%
PSA Automobiles SA: 50%

Categories: Peugeot / Citroën

Tags: , ,

Leave a Reply

5 Comments on "Nidec Forms Joint Venture For Electric Motors With PSA"

newest oldest most voted

Great! PSA needs to get something more than their outdated i-MiEV clone out of the door!

That’s a pretty small operation and investment (€15M? Seriously?) for significant motor development or production.
And I haven’t seen anything, either on InsideEVs or elsewhere, on the progress of the “Push to Pass” plan that was announced with fanfare 2years ago,
    https://insideevs.com/peugeot-citroen-dongfeng-begin-development-group-electric-cars/
or the co-development with Dongfeng. Even FCA has more announced PHEV/BEV plans than PSA at this point.

Thanks for keeping track.

There are ICE Citroëns I really like, and would very much like to see EV versions of, primarily their various MPVs. They do that category better than any other car company, IMO.

It is an important step as ZF, Bosch, Renault and other make drive unites, and even complete electric axles.
Prices will come down, with higher integration.