The market’s growth is being propelled by a confluence of transformative industrial trends, led by the electric vehicle (EV) ...

General Motors (GM) and Niron Magnetics, a company headquartered in Wisconsin, have formed a joint venture to work together on developing a type of electric motor magnet that can be made without the ...

Japan’s IHI has announced a “breakthrough” in magnet technology for high-speed motors, which could enhance the performance of future electric aircraft. The company says that it and local collaborators ...

General Motors and Stellantis are hoping to fix a glaring hole in their electric vehicle roadmaps, with the two automakers setting their sights on a US-made magnet tech that could upend the motors ...

Volta Energy Technologies and Volvo Cars Tech Fund join Niron’s existing investors as the company advances its Clean Earth Magnet™ technology as a sustainable alternative to rare earth materials ...

MUNICH, Germany—ZF unveiled an electric motor that does not require magnets or rare earth materials, reducing reliance on mining in countries such as China and cutting manufacturing's carbon footprint ...

Elon Musk, the CEO of Tesla, revealed that they would start the development of a permanent magnet electric vehicle engine. The announcement was made at its investor day 2023, as reported by ...

Magnets are a lot more than just refrigerator decorations or components in science kits. These fascinating objects, which have been known since ancient times, are central to a wide array of ...