Nidec leads the way in Electrified Advanced Air Mobility with $20M investment in Eve

MELBOURNE, FL – July 1, 2024 – Nidec Corporation (”Nidec”) has announced a minority investment in Eve Air Mobility (“Eve”), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s electric propulsion systems, through the Company’s subsidiary, Nidec Motor Corporation, on July 1, 2024.