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Event Brief

Nidec to end China EV drive parts joint venture

Nidec said it will end its China joint venture for EV drive parts as it scales back the business.
WHO: Nidec
WHAT: Ends a China joint venture for EV drive parts as it scales back EV drive parts
WHEN: May 18, 2026 at 12:00 AM ET
WHERE: China
WHY: Nidec is scaling back its EV drive parts business.

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