Materials/Manufacturing

GKN Powder Metallurgy Gets New CEO & Builds Its Magnet Business Signing Schaeffler as Key Customer in Automotive Electrification 

Dowlais Group Plc, the recently established parent company of GKN Powder Metallurgy, has appointed Jean-Marc Durbuis as the new chief executive officer of GKN Powder Metallurgy.  He joined the company in March from Allnex, a supplier of resins and additives to the coating and inks industry where he was executive vice president of one of its global divisions with revenues of over €1 billion. Already a leading supplier of powder metal materials and sintered metal components, GKN PM lately has been expanding aggressively into magnet manufacturing to broaden its portfolio for the electric vehicle market. […]

e-Power Technology

Candela’s e-Power Hydrofoil Shuttle Takes to the Waterways of Sweden 

Powered by two specially designed permanent-magnet motors and drive that operate underwater, a new commercial e-hydrofoil will soon be taking to the waters offshore Stockholm to ferry 30 people at a time at record-breaking speed and tranquility. A recent maiden voyage, aptly called a flight, saw the craft hitting its airborne take-off speed of 16 knots and quickly reaching its designed top speed of 30 knots within 16 seconds. […]

e-Power Technology

Korean Steelmaker POSCO Establishes ‘China Excluded’ Supply Chain for Rare Earth Magnets in Big Expansion for EV Drivetrain Components 

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 […]

e-Power Technology

Sikorsky Looks to Future Family of VTOL Aircraft  

Sikorsky, a Lockheed Martin company, unveiled on February 27 its plan to build, test and fly a hybrid-electric vertical takeoff and landing demonstrator (HEX / VTOL) with a tilt-wing configuration. The design is the first in a series of large, next generation VTOL aircraft that range from more traditional helicopters to winged configurations. They will feature varying degrees of electrification and an advanced autonomy system for optionally piloted flight. […]

e-Power Technology

Stellantis Increasing Production of Electric Drive Modules to Support Growth in Electrification Portfolio 

Stellantis NV has announced it intends to increase production capacity of electric drive modules (EDMs) by adding production in Szentgotthard, Hungary, targeted to begin in late 2026. The €103 million investment in Szentgotthard, including grants and contributions from the Hungarian government, is the latest example of Stellantis’ commitment to transforming existing facilities for its electrified future.  […]