Westford,USA, July 10, 2023 (GLOBE NEWSWIRE) -- The global Permanent Magnet Motor market size is expected to reach USD 92.48 billion by 2030 and exhibit a CAGR of 9.4% in the forecast period ...

Claimed that Iron Nitride magnet technology offers a promising alternative to traditional rare-earth-based magnets.

TVS Motor Company is struggling with electric vehicle demand due to a shortage of rare earth magnets, affecting sales. The ...

GM and Niron have teamed up to pry the EV motor material supply chain away from China. Did you know GM invented the domestic, ...

Tim Wheeler seems to have done the impossible, inventing an electromagnetic engine that runs almost on its own. He showed off a prototype of the "EME," for Electro Magnetic Energy, on Wednesday in Bay ...

DETROIT — General Motors is partnering with two companies — Vacuumschmelze (VAC) and MP Materials — to source magnets for electric vehicle motors in North America. Both agreements are pieces of GM's ...

The agreements with MP Materials Inc and privately-held Vacuumschmelze are the latest push by GM to domestically source EV materials for its Ultium platform, a goal it hopes to achieve by 2025. The ...

The global price of energy is at an all-time high, with few signs of relief in sight, making consumers and businesses alike interested in energy conservation. Currently, the most common motor type in ...

Is the dependence on rare earths for electric vehicle motors soon to be over? A magnet-free innovation promises to enhance motor efficiency while being more environmentally friendly. Mahle, based in ...

A simple working knowledge of magnets has long been satisfactory to appreciate their interactions. Magnets are made of metal or an alloy that has somehow been magnetized, and they have one north pole ...