Brief: Japan's Nidec Corp - Will Make Minority Equity Investment Of $20m In Eve Air Mobility, A Manufacturer Of Electric Vertical Take-Off And Landing (eVTOL) Aircraft And Launch Partner For Nidec Aerospace’s Propulsion System

Eve Holding

01/07/2024 11:55

July 1 (Reuters) - Nidec Corp  6594.T :
    * NIDEC CORP - INVESTMENT IN EVE AIR MOBILITY, A
MANUFACTURER OF
ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT, FOR
STRATEGIC PARTNERSHIP THROUGH NIDEC’S SUBSIDIARY
    * JAPAN'S NIDEC CORP - WILL MAKE MINORITY EQUITY INVESTMENT
OF
$20M IN EVE AIR MOBILITY, A MANUFACTURER OF ELECTRIC VERTICAL
TAKE-OFF AND LANDING (EVTOL) AIRCRAFT AND LAUNCH PARTNER FOR
NIDEC AEROSPACE’S PROPULSION SYSTEM

Source text: https://www.nidec.com/en/corporate/news/2024/news0701-03/
Further company coverage:  6594.T 

 (Reporting by Kantaro Komiya)
 ((Kantaro.Komiya@thomsonreuters.com;))