ArcelorMittal Calvert, wholly owned by ArcelorMittal, is planning for an advanced manufacturing facility in Calvert, Alabama that could deliver 150,000 metric tons of domestic production capacity of non-grain-oriented electrical steel (NOES) annually, Because of its […]
e-VAC Magnetics, part of Vacuumschmelze, has been awarded a $111.9 million Qualifying Advanced Energy Project Tax Credit to advance the construction of its first USA magnet manufacturing facility in Sumter, South Carolina. The facility was […]
Holding big new orders from automakers for permanent magnets and planning to build a globally integrated enterprise for magnet and motor component manufacturing, Korean steelmaker Posco International announced on March 18 that it has successfully […]
Siemens Energy and Air Liquide have officially opened their new gigawatt electrolyzer factory in Berlin positioned to make electrolyzers a mass product. With an annual production capacity of one gigawatt, Siemens Energy and Air Liquide […]
Stellantis NV has announced it intends to increase production capacity of electric drive modules (EDMs) by adding production in Szentgotthard, Hungary, targeted to begin in late 2026. The €103 million investment in Szentgotthard, including grants and contributions from the Hungarian government, is the latest example of Stellantis’ commitment to transforming existing facilities for its electrified future. […]
TECO 2030 of Norway says that its FCM400, now in testing at AVL’s new hydrogen and fuel cell testing facility in Austria, is the world’s most compact and efficient inherently safe marine fuel cell system. […]
Hyundai and Kia, both brands of Hyundai Motor Group, unveiled their new universal wheel drive system for electric vehicles in Korea in November amidst the group’s dramatic surge in expansion of EV manufacturing capability. Uni […]
TECO 2030 of Norway says that its FCM400, now in testing at AVL’s new hydrogen and fuel cell testing facility in Austria, is the world’s most compact and efficient inherently safe marine fuel cell system. Its built-in gas safety features and power capabilities make it an ideal choice for seamless integration on board a ship to enable zero-emission generation, says the company as it continues to build market penetration for its products. […]
SFC Energy of Germany has been racking up orders for both mobile and stationary fuel cells to support tactical, surveillance and military operations across Europe and India, and has rushed open a new factory for […]
USA Rare Earth plans to start up neodymium magnet production next year at its plant in Stillwater, Oklahoma and to be supplying it with rare earth feedstock mined at its own Round Rock property in Texas in late 2025 or early 2026, reports CEO Tom Schneberger to Magnetics Magazine. […]
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