Industry News

UK's AEM secures fresh funding for sustainable EV motor production expansion

Views : 123
Update time : 2023-10-17 15:39:54
The Advanced Propulsion Centre in the UK has provided funding for a project to expand the production of an innovative electric motor that doesn't rely on rare-earth elements. Advanced Electric Machines (AEM), a sustainable motor manufacturer, is leading the SIMPLE project (Scaled-up Innovative Motor Production for Lower Environmental Impact) initiative. This project involves establishing a dedicated pilot production line to manufacture their patented SSRD passenger car motor technology.

Traditional electric motors often utilize rare-earth elements like neodymium in their permanent magnet design, which is commonly found in electric vehicles. However, extracting these naturally occurring materials can have detrimental environmental impacts.

AEM asserts that the widespread adoption of their motors, which can be crafted using only aluminium and steel, holds the potential to reduce carbon emissions by 133 million tonnes, cut down 300,000 tonnes of radioactive waste, and decrease landfill waste by five million tonnes annually.

Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices