Something special happened in EV innovation when Burgess-Norton and Means Industries joined forces under the umbrella of Amsted Automotive. Now, eliminating complex hydraulic systems by repeated magnetic latching, Means has developed a revolutionary e-axle for […]
Recycling magnets from computer hard drives has garnered the attention — and opened the wallet — of Microsoft’s Climate Innovation Fund. It’s one of several new avenues that Cyclic Materials of Toronto is pursuing to gather more magnets into its supply stream and extend the reach for its technology. Auto salvage in the UK is another, marking the company’s first overseas feedstock deal – and with ties to parent companies IAA and Ritchie Auctions which have extensive worldwide operations in the used vehicle business. […]
Recent declines in prices for rare earth magnetic materials are evident in the latest financial reports of leading producers, with the impact varying by their activities and positions in the market. This article deals with the quarterly reports for the three months ended June 30 which have been issued by three companies – MP Materials, Neo Performance Materials and Lynas Rare Earths. […]
Attendees at this summer’s Farnborough AirShow, always a showcase for innovative technology in aviation held every two years in the UK, got a peek at the latest developments in e-aviation from Evolito, The UK company was spun out in 2021 by YASA, a pioneer of automotive axial-flux electric motors acquired by Mercedes-Benz in July of that year, to exclusively commercialize next-generation electric motor technology for the aerospace market. […]
Neo Performance Materials’ subsidiary in Estonia, NPM Narva, also known as Magnequench Sintered Magnets, is finalizing a contract award to supply sintered rare earth magnets to a leading European Tier 1 supplier of electric vehicle […]
ZeroAvia, a pioneering developer of electric propulsion technology for aviation, has established a new manufacturing center in Washington where it plans to produce some of the components for its systems while also opening up the […]
Radiating from brainpower of the Automotive Excellence Centre at McMaster University, startup motor developer Enedym in collaboration with industrial neighbors Toyota Tsusho, a manufacturer of industrial trucks, and JFE Shohi Power Canada, a manufacturer of transformer cores and electrical steel products, are transforming their locale in Hamilton, Ontario, Canada into a center for next generation e-power technology. The place has roots. More than a hundred years ago, George Westinghouse and Nikola Tesla hung out there. […]
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