Electric car sales are increasing every year, more and more cities are using electric buses, and the first generation of electric trucks is hitting the highways — when it comes to electromobility, a lot of the early progress has been seen on the roads. But quietly in the background, electric vehicles also have been heading off the road and onto construction jobsites. […]
Business growth in the spintronics and non-volatile magnetic memory market is turning the corner from Covid-19 while advancing into more applications, at least according to the fortunes of two key players, NVE Corporation and Everspin Technologies. Both companies develop non-volatile memory products, which do not have the traditional wear-out problems associated with some alternative memory technologies. […]
Reflected by higher margins and strong revenue growth, portfolio transformation is working at Standex International. The company reported strong results on August 12 for the most recent quarter. Its electronics business unit, a global manufacturer […]
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. […]
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 […]
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