Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring
Wall Street Journal
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.
https://www.wsj.com/articles/nidec-corp-posts-net-loss-on-ev-motor-business-restructuring-d9fe16c3