Japan's Nidec plans $1.9 billion EV motor plant in Europe, report says Japan's Nidec plans $1.9 billion EV motor plant in Europe, report says November 2, 2020 dzadmin Comments 0 Comment The plant, which follows construction of an EV motor plant in China, is slated to open in 2023 with annual production of between 200,000 and 300,000 units a year, the Nikkei newspaper reported.