Nidec To Invest $1.8 Billion In Three Electric Motor Plants For EVs

Date Published02/12/2020
Author NameMark Kane
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nidec
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):455
Country(ies) from which reshored:Japan
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Product(s) reshoredtraction motors, EV motors, electric powertrains
What domestic positive factors made reshoring more attractive?Lead time/Time to market
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