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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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Hyundai Motor Group starts building lunar exploration rover development model

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Hyundai Motor Group (the Group) has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners. Hyundai Motor Group has consistently stated its goal is to contribute to expanding human reach and the scope of human mobility experiences.

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DOE awards $2M to Ohio University to develop products for energy storage and motors from coal waste

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The Department of Energy (DOE) is funding six research and development projects that will repurpose domestic coal resources for high-value graphitic products and carbon-metal composites that can be employed in clean energy technologies. Understanding ultra-conductive carbon metal composite wire for electric motors. Earlier post.)

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Hyundai Motor Group breaks ground on Metaplant America dedicated EV and battery plant

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Hyundai Motor Group officially broke ground today on Hyundai Motor Group Metaplant America (HMGMA) LLC’s new manufacturing plant at the Bryan County Mega site. Hyundai Motor Group is accelerating its electrification efforts with the global target to sell 3.23 Earlier post.). million full electric vehicles annually by 2030.

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Hyundai Motor and Kia to develop lunar surface exploration mobility solutions

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—Yong Wha Kim, Executive Vice President and Head of R&D Planning & Coordination Center of Hyundai Motor and Kia. Hyundai Motor and Kia will support the consultative body with their smart mobility technologies.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

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At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 trillion (US$85 billion) over the next 10 years, including KRW 35.8 trillion (US$27.8 billion) for electrification. Production.

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DOE, General Motors and MathWorks launch EcoCAR Mobility Challenge

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The US Department of Energy (DOE), General Motors and MathWorks launched the EcoCAR Mobility Challenge, the latest DOE-sponsored Advanced Vehicle Technology Competition ( AVTC ), revealed the 12 competing universities and named the Chevrolet Blazer as the vehicle platform selected for the competition.