Mini USA looks set to take a world lead in fuel efficiency with its April 1st announcement. It's no April Fools joke, but they gave information on its new magnetic propulsion system that will extend ...

RENK, a Germany-based maker of automatic transmissions and gear units for military vehicles, has agreed to acquire Combat Propulsion Systems and Magnet-Motor businesses of L3Harris Technologies (NYSE: ...

BUSAN, South Korea & TOKYO--(BUSINESS WIRE)--Toshiba Infrastructure Systems & Solutions Corporation (hereafter Toshiba-ISS) has announced that new five 8-car trains equipped with its permanent magnet ...

Japan’s IHI has announced a “breakthrough” in magnet technology for high-speed motors, which could enhance the performance of future electric aircraft. The company says that it and local collaborators ...