Stellantis announced today from its headquarters in Amsterdam that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules that will help power future electric vehicles assembled in North America and support the goal of 50% battery electric sales in the U.S. by 2030. […]
Niron Magnetics, the company pioneering the development of iron nitride magnets that are high-performance permanent magnets free of rare earths, is scaling up to evolve its company to become a significant player on the magnet market. One of its latest steps has been to appoint Jonathan Rowntree as new CEO. The leadership change and other key appointments represent a planned evolution of the company as it advances from a focus on development towards scaling, commercialization, and productization of its patented Clean Earth Magnet technology. […]
As navies aggressively electrify their fleets, defense contractor Leonardo DRS is supplying a growing roster of permanent-magnet systems for both hybrid-electric and full-electric propulsion. In recent programs, the systems are coming aboard both new underwater […]
Powered by permanent-magnet salient pole motors, new high-speed motorcycles from Yadea were unveiled at this year’s CES in Las Vegas. Along with other models of two-wheelers, the event provided a platform for the Shanghai-based company […]
Magnetic Metals’ tape wound toroidal & cut cores deliver the essential magnetic properties and efficiencies required for: Transformers that power EV Charging Stations, Transformers that control & monitor AC induction & DC motor performance Power […]
Swedish state-owned mining company LKAB has recently identified more than 1 million tons of rare earth oxides in the Kiruna area in the far north of the country. It is confirmed to be the largest […]
Flush on the closing of its acquisition by an investment consortium, Hitachi Metals tomorrow becomes Proterial as it positions for its NMF 15 ferrite magnets to become an alternative to the industry-standard neodymium magnetic material for electric vehicle traction motors. […]
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