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. […]
The global permanent magnet market is expected to grow about 12% annually and reach more than $46 billion in revenues in 2026, according to a new market research study. The analysts predict it will grow […]
Neo Performance Materials has made a binding agreement with Hudson Resources to acquire an exploration license covering Hudson’s rare earth property in Greenland. The investment represents a key step in Neo’s mines-to-magnet vertical integration strategy and its plans to expand into rare earth permanent magnet manufacturing in Estonia. […]
GKN Powder Metallurgy, a major global provider of powder metal solutions, has committed to enter the production of permanent magnets for the electric vehicle market, aiming to boost supply of permanent magnets for the automotive industry by 4,000 tons per year. […]
The latest in-line shaft generator from ABB enables ship operators to benefit from the efficiency, performance and reliability advantages of permanent magnet technology. The new generator brings flexibility and ease of installation to a wide […]
The global permanent magnets market size is projected to reach approximately $39.7 billion by 2030., expanding at a compound growth rate of 8.4% annually, according to a new market report which focuses particularly on medical […]
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