FILE PHOTO: Nidec Corp's logo is pictured at an earnings results news conference in Tokyo, Japan, July 25, 2018. REUTERS/Kim Kyung-Hoon/File PhotoShare this contentIn recent years, Nidec's founder Shigenobu Nagamori has turned his attention to autos, and a technology which turns electricity stored in the battery into propulsion power.This technology, called an e-axle or e-drive, is emerging as a new competitive front as the auto industry shifts to electric vehicles.
Nagamori declined to be interviewed for this article. Nidec declined to comment about its pursuit of JATCO.The e-axle, or e-drive, combines an electric vehicle's gear, motor, and power-control electronics. It's the"brain" that controls how a vehicle manages energy stored in its battery and transforms it into power. It also helps to recover energy lost in braking and returns it to the battery.
Tesla initially developed its own e-axle technology. Reuters couldn't determine whether it continues to use it in more recent models. That's in part why Nidec, a motor specialist, has been on the hunt for firms with an expertise in power electronics. It acquired automotive electronic control system producer Honda Elesys Co from Honda in 2014 and the automotive electronics division of Japan's Omron Corp in 2019.
Nagamori succeeded in hiring Seki shortly after he was passed over for Nissan's top job last year. News emerged late on Oct 8, 2019 that Makoto Uchida had been chosen as Nissan's new global chief. The following morning, Seki received a call from a headhunter, said one of the sources. Nagamori wanted to sit down with him.
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