On March 20, DeepDrive, in a social media post, revealed that In September 2024, its Series B funding round was led by Leitmotif, a newly established US-based venture capital firm. At the time, the identity of the key backer remained undisclosed. It has now been revealed that Volkswagen is supporting Leitmotif. With

On March 18, Mercedes-Benz announced advancements at its Berlin-Marienfelde plant, reinforcing its role as a hub for digital production innovation.
The facility is now integrating AI, humanoid robots, and high-performance motor production into its MO360 ecosystem.
The MO360 system now includes AI-powered tools like t

On March 17, Advanced Electric Machines (AEM) introduced the second-generation HDRM300C, rare-earth-free motors for heavy-duty and commercial vehicles. Partner trials will begin in March 2025, with full production set for Q4 2025.
The HDRM300C offers industry-leading conductor slot fill rates of over 80%, delivering

On March 13, Syensqo, and Politubes announced a strategic partnership to develop slot liner spiral-wound tubes using Ajedium polyetheretherketone (PEEK) and polyphenylsulfone (PPSU) film.
These spiral-wound slot liner tubes leverage the high-performance properties of Ajedium PEEK films, providing superior insulation

On March 4, BMW announced that its plant in Steyr will produce electric motors from autumn 2025 with the potential to produce up to 600,000 units per year. Pre-series production was successfully launched in autumn 2024. 
BMW also announced that it has invested EUR 562 million in the further development of the BMW Gro

On February 28, Avtotor presented its auto component cluster and technological solutions as part of the "Remotorization" project at Kazan Truck Expo 2025. The presentation highlighted AVTOTOR’s projects focused on increasing localization and developing its component base.
Avtotor presented its electric motors, with a

On February 17, Uno Minda Limited announced a joint venture agreement (JV) with Uno Minda Auto Innovations Pvt. Ltd., Suzhou Innovance Automotive Co. Ltd., and Innovance Automotive (HK) Investment Co. Ltd. The partnership is aimed at developing and manufacturing high-voltage electric powertrain products for passenger

On February 17, Shakti Pumps (India) Limited announced an investment of INR 40 million in its wholly owned subsidiary, Shakti EV Mobility Private Limited (formerly known as Shakti Green Industries Private Limited). It will help to expand the business of the wholly owned subsidiary.
Shakti EV Mobility is engaged in th

On February 11, the Provincial Government of Vojvodina announced that Fine Stamping will invest EUR 50 million to construct a plant. It will produce motor cores for electric cars in the industrial zone in Apatin. The construction will be completed by July 2025, and production could begin in September. The first phase

South Korea’s SNT Motiv Co., Ltd. has received an order for electric vehicle (EV) hairpin drive modules from Hyundai Transys Ltd. This module is composed of a hairpin motor and a motor control inverter. Under the deal, SNT Motiv will supply 1.28 million modules over the ten years from 2027 to 2036. (From a press rele

On January 23, Sona BLW Precision Forgings Ltd. (Sona Comstar) announced that its board of directors has approved an investment of USD 4.0 million in ClearMotion Inc., the leading software-defined chassis company. ClearMotion was founded out of MIT.
Sona Comstar will form a closer collaboration with ClearMotion as a

On January 17, Turntide Technologies announced the launch of its low- and high-voltage power electronics series, along with its advanced axial flux motors in India. 
Turntide’s Gen 4 series of inverters provide a compact, scalable solution for low-voltage applications (48 V to 80 V), making them ideal for two- and th

On January 14, HORSE announced that it has started production of its all-new eMotor for hybrids and plug-in hybrid vehicles at its Aveiro plant in Portugal.
The new eMotor can propel a vehicle up to 130km/h when in EV mode and can deliver up to 49kW of power and 212Nm of torque in hybrid mode.
The HORSE Aveiro plant

On January 7, Elaphe Propulsion Technologies unveiled the Elaphe SONIC.1, the first front-wheel in-wheel motor in the SONIC product family range, at the CES 2025 in Las Vegas.
SONIC.1 is the first front-wheel in-wheel motor designed for high-performance braking, featuring 400mm standard brake discs within a 21-inch x

On December 24, TECO Electric & Machinery Co., Ltd., in a social media post, announced that it has secured an order to produce 55,000 electric vehicle powertrains for India, supporting the nation's ambitious goal for full electrification of public and commercial vehicles by 2030. It has a subsidiary in India called T

On December 17, Melexis presented a novel web-tool for inductive coil design and simulation. Featuring an intuitive interface, the tool allows for real-time visualization of the coil design and delivers the optimized layout together with a complete performance report.
It allows engineers to easily design and simulate

On December 12, the European Investment Bank (EIB) announced a EUR 20 million venture debt loan for Tau Group, an Italian technology startup. The EIB’s investment will enable Tau Group to increase its production capacity for high-performance magnet wire for use in vehicles and machine parts that also contribute to th

On December 2, multiple sources reported that Kinetic Communication Limited opened a new motor plant in Chinchwad, Pune. It also launched the L3 Kit for electric three-wheelers.
The 3,000 square meters plant can produce high-efficiency BLDC (Brushless DC) and PMSM (Permanent Magnet Synchronous Motors) for electric tw