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The Electric Motors Are Coming

Positive Future #698 (Feature photo – Electric Motor –  CCA SA 3.0 Unported, Zureks)

InsideEVs journalist Mark Kane brings us the story of NIDEC. This company builds motors and just announced a $1.8 billion investment into three mega-factories that build electric motors for cars. These three factories will be able to produce 8.4 million motors. One wonders, if the manufacturers off fossil-fuel engines are aware of this development. NIDEC is headquartered in Japan and has operations in Japan, Asia, Europe and the Americas.

You can read the full story here:

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