Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry - Eve Holding (NYSE:EVEX), Embraer (NYSE:ERJ)

Japan's Nidec Corporation ((TSE: 6594, OTC:NJDCY) and Brazil's Embraer ((B3: EMBR3, NYSE:ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder "JV"), to develop

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