Nidec Begins Talks to End Joint Venture with China Automaker Guangzhou Automobile Group
In May 2026, Nidec announced it has started talks to dissolve its electric vehicle drive system joint venture with Chinese automaker Guangzhou Automobile Group Co. (GAC). The joint venture produces E-Axle systems, which consist of e-motors, reducers, and inverters .
This move marks a significant shift from the expansion strategy championed by Nidec's founder, Shigenobu Nagamori. Nidec is also considering an exit from its E-Axle venture in the Netherlands with European auto giant Stellantis NV .
The decision reflects Nidec's strategy to significantly scale back its e-Axle business, which had been a key focus of its automotive expansion efforts .