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Mercedes-Benz acquires electric motor technology company YASA

Green Car Congress

Under the terms of the acquisition, YASA will operate as a wholly owned subsidiary of Mercedes-Benz, developing ultra high-performance e-motors, while retaining its own brand, team, facilities and continuing to supply existing automotive supercar customers. YASA’s axial-flux electric motor.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. The company earmarked KRW 95.5

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Electric motor company YASA enters innovation agreement with global automotive manufacturer for hybrids and EVs

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YASA, a leading manufacturer of axial-flux electric motors and controllers, signed a long-term joint innovation agreement with a global automotive OEM. The partnership will focus on developing custom electric motor and controller solutions for the OEM’s high-performance hybrid and pure electric vehicles. Earlier post.).

Motoring 324
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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project. We are running out of time to limit global warming. million km as of 30 April 2022.

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BMW i Ventures invests in Software Motor Company; high rotor pole switched reluctance motor system

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BMW i Ventures has invested in Software Motor Company (SMC), a Silicon Valley-based company developing reliable, efficient and intelligent motor systems. SMC’s electric motor system is based on switched reluctance technology, managed by advanced cloud software. —Greg Smithies of BMW i Ventures.

Motoring 259
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HET motor company Linear Labs raises $6M in new funding

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The patented HET motor technology from Linear Labs produces up to twice the torque of competitor motors —or the same torque in half the size—and can also be made using rare-earth or ferrite magnets. The 200 series motors are also 1.7 The 200 series motors are also 1.7

Motoring 286
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Hyundai Motor Brands receive an A- credit rating from S&P Global

Teslarati

Hyundai Motor Company’s brands, Hyundai and Kia, received an A- credit rating from S&P Global. “The upgrade to our global credit rating will likely lead to reduced capital financing costs. Hyundai and Kia’s previous S&P Global credit rating was BBB+.

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