September 2022

CorePower Magnetics raises $2.5 million to develop proprietary magnetic materials

Soft magnetics technology startup CorePower Magnetics has raised $2.5 million in pre-seed funding from Volta Energy Technologies, Innovation Works and Evergreen Climate Innovations. The funding will be used to scale up development of CorePower Magnetics’s proprietary magnetic materials. “CorePower’s technology not only promises step-change performance benefits to EVs and the grid, but it is also […]

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IONETIC says its EV battery pack technology can cut costs and development time for automakers

UK start-up IONETIC has launched a new battery pack design platform that’s designed to cut the development cost and time for auto manufacturers bringing new EVs to market. According to IONETIC, custom battery pack designs are often unaffordable, but off-the-shelf solutions suffer from low energy density and poor optimization. This dilemma is especially problematic for

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Lucid lays out why its motors are more power-dense and easier to build than those from Tesla

Lucid Motors calls its motor design miniaturized, and it’s long boasted that the light and “impossibly compact” motor in its Air electric sedan is lean enough to fit into an airplane carry-on. Lean and small is only one aspect, however. Lucid’s motors weigh just 67 pounds each and are capable of generating 670 hp—yes… Source:

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Communities of color affected by air pollution lag in EV adoption; study looks at how to fix this

Interest in purchasing an EV is high among communities of color, which are also more burdened by air pollution than white communities. Yet significant barriers exist to greater EV adoption, according to a new study from Consumer Reports, EVNoire, GreenLatinos, and the Union of Concerned Scientists (UCS). Communities of color are most harmed by… Source:

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