In the race to electrify transportation modes, developers of new motor and drive systems are keeping busy patent offices around the world. Among the leaders is Protean Electric, a UK-based developer of permanent magnet in-wheel […]
Just how hard has Covid-19 been on the magnetics industry and what lies ahead? In recent financial reporting, magnetics and electrical manufacturing industry companies have been quantifying their business declines during the pandemic and, in […]
When Europe’s new racing circuit for performance e-touring cars gets going, Shanghai-based Magelec Propulsion plans to have its advanced permanent magnet axial flux motors under the hoods. The new ETCR race tour is positioned to become an important […]
A massive meltdown in demand for its steel and metal products in almost all countries and sectors due to Covid-19 is reported by voestalpine Group for the three months ending June 30. A key provider of electrical […]
Victimized by the global pandemic, business dropped 23% in the first six months of this year for the Neo Magnequench business unit of Neo Performance Materials, widely considered a bellwether of the magnetic materials industry. Revenues for Magnequench dropped to $68.8 million from $89 […]
CWIEME Shanghai along with its co-partner and organizer, CCPITECC have recently announced that the event scheduled for July 29-31 has been delayed. “We have been monitoring the situation very carefully,” the organization said. “With the ongoing […]
Supply chain disruption and business volatility due to the Covid-19 pandemic continue to impact the magnetics industry and its end-user markets but increasingly there are signs of recovery spreading across the world. Shown above are […]
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