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Mitsuba begins full-scale rollout of rare-earth-free brushless roof motor
Mitsuba Corporation (Mitsuba) is beginning the full-scale rollout of its rare-earth-free “WR20” brushless roof motor. The product, which follows the company’s rare-earth-free brushless wiper motor, is its second rare-earth-free motor and is used to open and close automotive roofs and shades. Mitsuba aims to sell 2 mi
IAA Transportation 2026: AEM, UK, to present next-generation heavy-duty HDRM motor
On August 11, Advanced Electric Machines (AEM) announced that it will present Titan, its heavy-duty electric motor technology, at IAA Transportation 2026. It will present a detailed 3D concept of the new motor. The first samples will arrive in the third quarter of 2027. It is developed specifically for heavy-duty, co
Varroc Engineering, India, secures new EV production wins and expands overseas business
In an investor update, Varroc Engineering Limited announced that it will start production for a new globally backed EV brand in Q2 FY27 (ending September). The company has started advanced commercial discussions with two additional non-Bajaj OEMs, with production launches expected to begin within FY 2027.
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YASA, UK, launches Project Resilience to develop rare-earth-free electric motors for future EVs
On August 11, YASA launched Project Resilience, a program to develop rare-earth-free and heavy-rare-earth-free axial flux motors for future electric and hybrid vehicles.
Supported by UK Government funding through the DRIVE35 programme, the project will explore two technologies aimed at reducing the use of rare-earth
Turntide, UK, receives government funding to accelerate volume production of axial flux motors
On August 10, Turntide Technologies announced that it has been successful in its application for funding through the UK Government and Advanced Propulsion Centre U.K. (APC) DRIVE35 Scale-up Fund for its Project SUPREME. Project SUPREME is a GBP 17 million matched-funded project. It will accelerate the production of a
Matel Motion and Energy Solutions, India, raises funding for expansion and product development
On August 5, Matel Motion and Energy Solutions Pvt Ltd. announced the closure of an INR 1.3 billion Series B funding round. It is led by UC Impower, an early-growth-stage fund investing in Climate Solutions and Financial Services. The round also saw Catamaran joining as a key new investor and continued participation
Igarashi Motors India updates on new products and business development for safety systems
In its annual report for FY 2025-26 (ending March 31, 2026), Igarashi Motors India Limited announced that it is partnering with leading global Tier-1 customers on eight new safety system programs slated for launch over the next three years. It has over 15 active programs across 10 global Tier-1 partners. These progra
BMW begins series production of new i3 Neue Klasse model at Munich plant, Germany
On August 6, BMW Group announced that it has started series production of the new BMW i3, the second Neue Klasse model, at its Munich plant, Germany.
The launch follows a four-year transformation of the plant, including a new body shop, a new assembly hall, and logistics areas, preparing the site for BMW's next gener
Sterling Tools, India, updates on new business wins in electric mobility segment
On August 5, Sterling Tools Limited, in an investor update, announced that Sterling E -Mobility has 33 active customer programs. It has additional business confirmation from 4 OEMs. Its EV powertrain solution includes integrated motors and controllers, onboard and& offboard chargers, DC/DC converters, rare -earth mag
L&T, India, to enter automotive sector, plans INR 50 billion investment
On July 30, multiple sources reported that Larsen & Toubro Limited (L&T) is planning to invest INR 50 billion in the automotive sector over the next five years. Its Electronic Products & Systems (EPS) business is planning a manufacturing hub in Tamil Nadu and will produce components like EV motors, automotive safety
Sona Comstar, India and DENSO to establish two JVs for electric and hybrid powertrain systems
On July 22, Sona Comstar signed definitive agreements with DENSO Corporation to establish two joint ventures focused on developing, designing, manufacturing, and marketing advanced electric and hybrid powertrain systems for multiple vehicle segments.
The partnership combines DENSO’s expertise in electrification and a
TVS Srichakra, India, to acquire majority stake in Weber Drivetrain
On July 19, TVS Srichakra Limited, a part of TVS Group, announced that its step-down wholly owned subsidiary, TVS Sensing Solutions Private Limited, has entered into a share purchase agreement with G-Power Energy & Technology Private Limited to acquire 5,100 equity shares, representing a 51% stake in Weber Drivetrain
Shakti Pumps, India, announces further investment in EV subsidiary
On July 17, Shakti Pumps (India) Limited invested INR 50 million in its wholly owned subsidiary, Shakti EV Mobility Private Limited, by subscribing to 5 million equity shares, taking the total cumulative investment in the subsidiary to INR 700 million. Shakti EV Mobility, incorporated on December 16, 2021, manufactur
South Korea’s Linked begins full-scale mass production of motors for automotive electronics
South Korea's Linked said it will start full-scale mass production of motors for automotive electronics and aim to increase sales in the second half of 2026. The company recorded its first sales of electronic-component motors to global automakers in the first quarter of 2026 (January to March) and is now working to i
Horse Powertrain reveals methanol REEV engine and generator
On July 14, Horse Powertrain revealed its new HORSE D20 Methanol range extender powertrain. The HORSE D20 Methanol is intended for use in range-extended EVs (REEVs). The powertrain weighs 170kg and combines a motor, power electronics, and a 2.0-liter turbocharged four-cylinder engine. It can give output up to 105 kW.
BMW Steyr plant, Austria expands electric motor production to two shifts
On July 7, BMW Austria announced that its Steyr plant, has started production of electric motors for the Neue Klasse on two shifts from July 6, 2026. The plant now produces more than 4,000 electric motors per week, with output continuing to increase.
The higher production supports the launch of BMW iX3 Neue Klasse mo
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