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Hitachi Metals shows its ferrite magnet motors can match performance of neodymium traction motors

Green Car Congress

Hitachi Metals has verified in simulations that by optimizing the design of motors that use its high-performance ferrite magnet NMF 15 (hereinafter “ferrite magnet motors” earlier post ), they are able to achieve the same level of output as traction motors for xEV that use neodymium magnets.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

SK On, a global electric vehicle (EV) battery manufacturer, signed a lithium supply deal with Australia’s Lake Resources ( earlier post ), a move that will further strengthen its key battery materials supply chain in response to robust business growth and geopolitical risks. This ranks Kachi as one of the world’s top 10 brine resources.

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Mercedes-Benz acquires electric motor technology company YASA

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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. —Chris Harris, CEO, YASA.

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Lake Resources and Ford Motor Company sign non-binding MoU to negotiate for lithium offtake from the Kachi Project

Green Car Congress

Australia-based Lithium developer Lake Resources has signed a non-binding Memorandum of Understanding (MoU) with Ford Motor Company for the offtake of approximately 25,000 tonnes per annum (tpa) of lithium from the Kachi Project.

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SK On, Westwater Resources to develop anode materials; boosting raw battery material supply chain in N America

Green Car Congress

SK On, a leading electric vehicle (EV) battery manufacturer, signed a joint development agreement (JDA) with US graphite company Westwater Resources (WWR) as part of efforts to strengthen its battery raw material supply chain in North America following the enactment of the Inflation Reduction Act (IRA).

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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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BMW i Ventures co-leads investment in radial-flux dual-rotor motor technology: DeepDrive

Green Car Congress

DeepDrive has developed a cost- and resource-efficient dual-rotor motor, extending the range of electric vehicles. The company is also backed by automotive industry veteran Dr. Exploded in-wheel drive configuration of DeepDrive dual-rotor motor. They enable the next generation of efficient and resource-saving electric vehicles.

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