Advanced Electric Machines Receives £23M in Series A Funding
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Source: finsmes.com
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UK startup AEM raises $29 million to scale up rare earth, copper free EV motors
UK startup Advanced Electric Machines has raised 23 million pounds to scale up production of its electric vehicle motors that contain no rare earths or copper so are entirely recyclable....
Source: marketscreener.com
UK startup AEM raises USD 29 mn to scale up rare earth, copper free EV motors, ET Auto
The Series A funding round was led by Legal & General unit Legal & General Capital and Barclays Sustainable Impact Capital initiative that invests in climate startups, AEM said on Monday Based in Washington in England's industrial northeast, AEM already has a commercial rare earth free motor in use in electric buses and other vehicles in Europe, North America and Asia, CEO James Widmer said.
Source: indiatimes.com
D-West's Planck, Rustin's Miller win Ches-Mont Cross Country Championship titles – Daily Local
Downingtown >> In an exciting, neck-and-neck photo finish, Downingtown West senior Richard Planck edged Downingtown East senior Nick Steinfeldt to win the Ches-Mont Boys Cross Country Championships title Wednesday. Planck completed the Downingtown West course in 15:19.6, just ahead of Steinfeldt (15:20). Avon Grove senior Connor Britton placed third (15:39.8). “I felt great throughout the […]
Source: dailylocal.com
The Engineer - Fresh funding to help UK's Advanced Electric Machines scale up sustainable EV motor production (1)
A UK effort to scale up the manufacture of an innovative rare earth free electric motor has received funding from the Advanced Propulsion Centre.
Source: theengineer.co.uk