EV manufacturer Phoenix Motor Inc. of Pasadena, California plans to begin producing fuel cells using the manufacturing assets of Altergy Systems which it has acquired. A developer and manufacturer of all-electric, medium-duty vehicles, Phoenix says […]
Backed by venture capital company Searchlight Capital Partners, Integrated Power Services continues to aggressively grow its network of motor service centers across North America. Now with 55 locations, 44 repair centers and 1,700 employees, it […]
The revolutionary gate driver technology of Heyday Integrated Circuits is now in the portfolio of Allegro MicroSystems as the global sensing and power semiconductor company closed on its acquisition of the French IC specialist on […]
Booking a second major order from Hyundai for its integrated drive modules as the latest score, BorgWarner is rapidly executing on a multi-pronged electrification strategy that is dramatically changing the global automotive supplier’s product lineup and technology focus. The integrated drive modules feature an interior permanent magnet electric motor manufactured using advanced high-voltage hairpin winding technology for high power density. […]
Only days before the beginning of September, a rite of passage occurred on the rail tracks of Lower Saxony, Germany when the Coradia iLint reached a historical milestone as it began use on the world premiere 100% hydrogen train route in passenger operation. The fuel-cell powered regional train emits only only steam and condensed water while operating with a low level of noise. Engineered and built by Alstom, it highlights a remarkable series of steps that the company has made recently in hydrogen and fuel cell development for e-mobility — much of the activity derived from its acquisition of fuel cell manufacturer Helion Hydrogen Power in 2021. […]
Airbus, a staunch supporter of hydrogen for fueling zero-emission flight, has recently boarded two ventures to further its goals – one to join the world’s largest hydrogen infrastructure fund, the other to launch a hydrogen-propelled commercial aircraft demonstrator by mid-decade in collaboration with GE and Safran. […]
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 […]
Airex LLC, a specialist in precision winding technology, and FPH Group, a manufacturer of electrical drive systems and light weighting technologies for ground-based vehicles in the defense industry, are the latest two acquisitions by Allied Motion Technologies, coming only a few months after its merger with ThinGap. Allied Motion announced the Airex deal in late June and the FPH deal in late May, the same month it announced its merger with ThinGap, a manufacturer of zero-clogging slotless motors. […]
Sensata Technologies, a manufacturer of sensor and motor products many with magnetic-rich designs, has acquired fast-growing Dynapower Company for $580 million in cash in a move that Sensata emphasizes will advance its efforts to serve expanding electrification markets. No stranger to magnetic technologies itself, Dynapower develops energy storage and conversion products including several types of power transformers. […]
“The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications,” said Tom Linebarger, Chairman and CEO, Cummins. “Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions. […]
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