Automotive supplier Schaeffler is charging ahead to become a major global manufacturer of electric motors and complete e-drive systems for the automotive industry. Following on its acquisition of coil winding machinery manufacturer Elmotec Statomat at […]
Revolutionary Ferrite-Magnet Fault Current Limiter Graduates from Testing and Heads to Market FaultCurrent Limited, a UK-based developer of passive magnetic fault current limiters, is reporting successful results from a recent round of independent tests of […]
Bunting Joins Rare Earth Magnets Recycling Task ForceThe launch of the European Union (EU)-funded SUSMAGPRO project took place in Germany in June 2019. The four-year project focuses on the sustainable recovery, re-processing, and reuse of rare-earth magnets. With global […]
Aumann AG, the German manufacturer of coil winding machinery and automation equipment, reports that nine months into its fiscal year business has fallen about 5% compared to the same period a year ago but the order books are still growing in its e-mobility segment. This follows an […]
The launch of the European Union (EU)-funded SUSMAGPRO project took place in Germany in June 2019. The four-year project focuses on the sustainable recovery, re-processing, and reuse of rare-earth magnets. With global expertise on magnets and magnetic assemblies, Bunting is […]
Responding to the momentum toward electrification in transportation markets, giant automotive supplier Continental is putting a new face on its powertrain division in the name of Vitesco Technologies. It will be home to an expanded line of […]
Automotive Headwinds Buffet Magnetic Technology Company KendrionAutomotive headwinds are buffeting magnetics technology company Kendrion which reports an 8% decline in revenues for the first half of 2019. Kendrion, whose company motto is “we magnetize the world”, attributes the decline […]
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