As Hitachi Metals plugs its flow of red ink with a 46% jump in business, a consortium led by global private equity firm Bain Capital is preparing to acquire it for about $7.5 billion. They […]
Wireless charging can be a tricky undertaking when you are dealing with autonomous mobile robots, but Seattle-based WiBotic is finding success with its system that combines both inductive and resonant magnetic technologies to accomplish the matchmaking. The […]
With volume orders for its electric motors and hybrid modules, automotive and industrial supplier Schaeffler is expanding its range of powertrain electrification solutions for commercial vehicles. The moves come in step with its objective to […]
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.
As BMW Group continues to increase production capacity for its new electric motors and integrated drive systems at its Competence Centre for E-Drive Production at Dingolfing northeast of Munich, it is also ramping up capacity for e-drive production at […]
Iconic luxury car maker Bentley Motors is pursuing two projects in the magnetics supply chain to support its commitment toward automobile electrification. One aims to use recycled magnets to produce auxiliary motors for cars, the other to […]
Sporting a six-phase permanent magnet motor for traction applications, fully electric delivery trucks operated by Purolator are the latest additions to the Canadian courier’s fleet of eco-friendly vehicles. Serving the Vancouver area, the 18-ft fully electric […]
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