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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 With the new announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59

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Lockheed Martin Ventures invests in high performance electric motor manufacturer H3X

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H3X designs and manufactures advanced electric motors to enable sustainable aviation and other high-performance applications. These areas include electromagnetics, material science, power electronics, additive manufacturing, motor control, and thermals. This latest funding brings the total raised by H3X to $9 million.

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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. Toyota is committed to achieving full carbon neutrality in Europe by 2040, and is targeting carbon neutrality in all its manufacturing facilties by 2030.

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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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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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SEAT manufacturing automated ventilators with adapted windshield wiper motors

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The project is taking shape with gears printed at SEAT, gearbox shafts and the adapted motor of a windshield wiper. Taking an assembly line that manufactures subframes, a car part, and adapting it to make ventilators has been a lengthy, difficult job involving many areas of the company, and we managed to do it in the record time of one week.

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Electrified Automation awarded £6M to further development of new manufacturing process for electric motors; PIMMS

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million) in government funding to further develop its innovative process for manufacturing electric motors that are more cost-competitive, powerful and efficient than many of the products currently available in the marketplace. As global motor production increases so does the need to find end of life solutions for electric motors.