DEVENS, Mass. and TOKYO (Sept. 30, 2026) — Commonwealth Fusion Systems, a leading developer of fusion energy, today announced a landmark supply agreement for high-temperature superconducting tape with Fujikura Ltd. as it accelerates the commercial […]
Tier-1 components manufacturer Hyundai Mobis is striding forward aggressively to build a leadership position in automotive electrification. New efforts unveiled in October include plans to build another major new electrification plant in Europe, plus a roadmap for advanced technology development with design of innovative drive systems, electromagnetic systems and nickel-free materials for inductors among the key elements. […]
Spurred by the global growh of automakers Hyundai and Kia, and now riding alongside Korean steel maker Posco International, Star Group of Korea is rising in prominence as a leading magnet manufacturer in Asia – […]
Holding big new orders from automakers for permanent magnets and planning to build a globally integrated enterprise for magnet and motor component manufacturing, Korean steelmaker Posco International announced on March 18 that it has successfully […]
Hyundai and Kia, both brands of Hyundai Motor Group, unveiled their new universal wheel drive system for electric vehicles in Korea in November amidst the group’s dramatic surge in expansion of EV manufacturing capability. Uni […]
Hyundai Mobis is going all out to demonstrate its electrification-centric vision for the automobile industry, seeking to grow dramatically as a leading innovator and manufacturer of powertrain and other systems for electric vehicles. A permanent-magnet in-wheel motor with associated control system is a key technology being developed to reach new levels of torque and steering performance. […]
Booking a second major order from Hyundai for its integrated drive modules as the latest score, BorgWarner is rapidly executing on a multi-pronged electrification strategy that is dramatically changing the global automotive supplier’s product lineup and technology focus. The integrated drive modules feature an interior permanent magnet electric motor manufactured using advanced high-voltage hairpin winding technology for high power density. […]
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