electronic – New Power Technology

Stellantis Plans $155 Million Investment in 3 Indiana Plants to Support North American Electrification Goals

February 28, 2023 admin 0

Stellantis announced today from its headquarters in Amsterdam that it will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules that will help power future electric vehicles assembled in North America and support the goal of 50% battery electric sales in the U.S. by 2030. […]

Business Booming at Machinery Maker Aumann as It Hunts Acquisitions

August 3, 2022 admin 0

Business is booming at e-mobility machinery maker Aumann AG of Beelen, Germany. Orders and revenues have jumped significantly from a year ago. Flush with cash and business growth, the manufacturer of coil winding machinery and […]

Funds Flow to Niron and CorePower to Commercialize Rare-Earth-Free Magnet Technologies

February 7, 2022 David Webster 0

Niron Magnetics and CorePower Magnetics, two start-ups in the U.S. working on building electric motors and power electronics components free of rare-earth magnets, are in the path of numerous venture and technology development fundings to […]