Leonardo DRS announced February 24 that it has received a $45 million U.S. Navy Submarine Industrial Base investment commitment through contracts with Huntington Ingalls Industries’ (HII) Newport News Shipbuilding. The investment is expected to expand the […]
Magnets, motors and power electronics for e-mobility are increasingly finding their way to Vietnam these days as VinFast rises rapidly to become a global player, leading the way toward establishing a new automotive industry design […]
Tier-1 components manufacturer Hyundai Mobis is striding forward aggressively to build a leadership position in automotive electrification. New efforts unveiled in October include plans to build another major new electrification plant in Europe, plus a […]
Something special happened in EV innovation when Burgess-Norton and Means Industries joined forces under the umbrella of Amsted Automotive. Now, eliminating complex hydraulic systems by repeated magnetic latching, Means has developed a revolutionary e-axle for […]
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