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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

France generalUnited statesMichael briggsFrancisco gomes netoNidec motor corporationMotion energy business unitJapan nidec corporationNidec aerospaceNidec corporationInternational civil aviation organizationElectric propulsion systemsParis air showUrban air mobilityElectric propulsion systemVertical take off landingSenior vice president

Nidec, Embraer Announce Joint Venture Agreement to Develop Electric Propulsion System

The JV will develop and manufacture the system for eVTOL vehicles.

France generalUnited statesNidec motor corporationNidec aerospaceNidec corporationJapan nidec corporationElectric propulsion systemsParis air showUrban air mobilityElectric propulsion systemVertical take off landingPropulsion systemEve air mobility

Newswire & Press Release / Nidec and Embraer Announce Joint Venture Agreement to Develop Electric Propulsion System for Emerging Aerospace Industry - Electronics / Instrumentation / RFID - NIDEC Corporation

Newswire & Press Release / Nidec and Embraer Announce Joint Venture Agreement to Develop Electric Propulsion System for Emerging Aerospace Industry - Electronics / Instrumentation / RFID - NIDEC Corporation
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France generalUnited statesRicardo santosRio grande do sulMichael briggsFrancisco gomes netoNidec aerospaceJapan nidec corporationNidec corporationInternational civil aviation organizationElectronics instrumentationNidec motor corporationAgency sourceMotion energy business unitNidec groupElectric propulsion systems

Newswire & Press Release / Nidec and Embraer Announce Joint Venture Agreement to Develop Electric Propulsion System for Emerging Aerospace Industry - Electronics / Instrumentation / RFID - NIDEC Corporation

United statesFrance generalRicardo santosRio grande do sulFrancisco gomes netoMichael briggsNidec corporationInternational civil aviation organizationElectronics instrumentationNidec motor corporationNidec groupAgency sourceNidec aerospaceJapan nidec corporationMotion energy business unitElectric propulsion systems

Japanese, Brazilian Companies Team Up to Produce Engines for Flying Vehicles

Japan s Nidec corporation, a major electric motors manufacturer, said on Sunday that it will form a joint venture with Brazil s aerospace company Embraer to develop electric propulsion systems for urban air mobility vehicles.

United statesNidec aerospaceNidec corporationJapan nidec corporationElectric propulsion systemsEve air mobility