e-Power Technology

e-Power Technology

Diesel Icon Volvo Penta Moves Aggressively into E-Propulsion

August 9, 2021 Editorial Staff Comments Off on Diesel Icon Volvo Penta Moves Aggressively into E-Propulsion

From powering firetrucks to ferryboats, Volvo Penta is aggressively building its prowess in the design and production of electric drivelines and e-propulsion systems. Long known as a supplier of diesel power systems for industrial and marine markets, the Swedish sibling of Volvo automobile and truck brands is making bold steps toward electrification as the markets that it serves increasingly electrify their transportation platforms. […]

e-Power Technology

Striving to Be the Next Globally Significant Supplier of Neodymium and Praseodymium (NdPr) to Meet the Needs of EV Driven NdFeB Magnet Demand Growth

July 6, 2021 Editorial Staff Comments Off on Striving to Be the Next Globally Significant Supplier of Neodymium and Praseodymium (NdPr) to Meet the Needs of EV Driven NdFeB Magnet Demand Growth

By 2030 annual production of EVs is expected to increase roughly ten-fold to 25-30 million, creating a need to more than double global supply of the rare earth elements, neodymium and praseodymium (NdPr), to meet the EV traction motor market requirement.

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