Sky the limit for Embraer-Nidec flying EV tie-up

Embraer and Nidec have announced plans to establish a joint venture to produce electric motor propulsion systems for aircraft, a deal that will contribute to Embraer’s development of low and zero carbon emission aircraft and Nidec’s renewable energy-related business. The new company, to be known as Nidec Aerospace, will be owned 51% by Nidec and […]