Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.
Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring
Wall Street Journal - 23 Apr 2024 08:56
Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.
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