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Apr 27, 2021 Almost half a century after founding his pioneering motor maker on the family farm, Japanese billionaire Shigenobu Nagamori is handing over leadership of Nidec Corp. to a former Nissan Motor Co. executive to lead an ambitious pivot into the electric-vehicle space. Jun Seki will take over from Nagamori as chief executive officer, the Kyoto-based company said last week as it announced better-than-projected annual results. The leadership change, which comes a little over a year after Seki’s move from Nissan, will be finalized when Nidec’s board meets June 22. Nagamori, ...

Jan 12, 2021 Nidec Corp., the world’s top supplier of motors for everything from hard drives to power plants, is betting it can make a key component for Tesla Inc.’s electric vehicles (EVs) cheaper and better than anyone else — possibly including its chief executive officer, Elon Musk. “I very much want to have a top-level discussion with Elon Musk,” said Jun Seki, Nidec’s president and chief operating officer, in an interview. Without an outside partner, Tesla won’t be able to achieve Musk’s goal of producing 20 million EVs a year by 2030, he said. It’s an audaciou...

The World’s Top Maker of Mini Motors Bets It Can Win Over Tesla Bloomberg 1/12/2021 River Davis and Yuki Furukawa (Bloomberg) -- Nidec Corp., the world’s top supplier of motors for everything from hard drives to power plants, is betting it can make a key component for Tesla Inc.’s electric vehicles cheaper and better than anyone else, possibly including its chief executive officer, Elon Musk. “I very much want to have a top-level discussion with Elon Musk,” Jun Seki, Nidec’s president and chief operating officer, said in an interview. Without an outside partner, ...

BLOOMBERG “I very much want to have a top-level discussion with Elon Musk,” Jun Seki, Nidec’s president and COO, said in an interview. Nidec Corp., the world’s top supplier of motors for everything from hard drives to power plants, is betting it can make a key component for Tesla Inc.’s electric vehicles cheaper and better than anyone else, possibly including its CEO, Elon Musk. “I very much want to have a top-level discussion with Elon Musk,” Jun Seki, Nidec’s president and COO, said in an interview. Without an outside partner, Tesla won’t be able to achieve Musk’s goal o...