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Toshiba develops new magnetic material that delivers improved motor energy conversion efficiency

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Toshiba Corporation has developed a new magnetic material with characteristics that deliver major improvements in motor efficiency at minimum cost, and with the potential to win significant reductions in power consumption. Motors account for approximately half of the world’s electric power consumption. pt across all motors.).

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ZF develops compact, competitive magnet-free electric motor: In-Rotor Inductive-Excited Synchronous Motor

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ZF has developed an electric motor which does not require magnets. In contrast to the magnet-free concepts of separately excited synchronous motors (SESM) already available today, ZF’s I 2 SM (In-Rotor Inductive-Excited Synchronous Motor) transmits the energy for the magnetic field via an inductive exciter inside the rotor shaft.

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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

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Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 This expansion will create another 400 new jobs. Earlier post.) Earlier post.)

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Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US

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Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the US. Hyundai Motor Group and LGES signed a memorandum of understanding to produce EV batteries in the US. Hyundai and LGES will each hold a 50% stake in the JV, which will involve an investment of more than US$4.3

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. An open-access paper on the work is published in the journal Energies.

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Energy major Total leads strategic investment into supplier of hydrogen fuel-cell powered commercial vehicles HYZON Motors

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Hydrogen mobility and clean energy company, HYZON Motors, and Total Carbon Neutrality Ventures, the venture capital arm of European energy giant Total SE, announced a strategic investment led by Total and other specialist hydrogen investors. —Craig Knight, CEO and Co-Founder of HYZON Motors.

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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

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Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,

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