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. […]
Novenco Building & Industry, a leading Danish manufacturer of ventilation fans and systems, called on Nidec Leroy-Somer to supply a powerful but energy efficient electrical motor for driving the largest fan in their ZerAx range […]
Despite prices for magnetic materials dropping recently from record highs, the outlook is strong for Neo Performance Materials’ plan to build a 100-million Euro rare earth magnet plant in Estonia. It recently received a sizeable government grant to support the effort, while higher-than-expected future demand is driving the company to consider expanding the plant’s capacity. […]
Do you know that permanent magnets are behind the action for your detachable keyboard, the pencil that attaches to your tablet, and the wireless charging pad that attaches to your phone? Smart screen covers for phones, tablets, magnetically latching wall-mount security cameras and countless electronic devices in day-to-day life rely on permanent magnets for providing the magnetic attaching mechanism. […]
Focused on evolving from traditional powertrain technology to electric mobility, German motion specialist Schaeffler AG is simultaneously launching several new electric axle drives while also expanding its R&D and manufacturing operations to support product and business growth in electric vehicle technology. […]
Using motors designed and produced in-house, global pump manufacturer Grundfos is bringing new energy efficiency and capabilities to pumping systems for a broad range of applications, many of which were once were the domain of hydraulic technology. Its MGE E-motors — permanent magnet synchronous motors (PMSM) designed especially for frequency converter operations and optimized for pump applications and high part-load efficiency — are the company’s most energy efficient yet. […]
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