How this Canadian startup is removing the need for rare earths in EV motors
Summary by The Globe & Mail
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Sterling Tools to manufacture, market rare earth magnet-free traction motors for electric vehicles
Mumbai, May 14 (PTI) Automotive component maker Sterling Tools through its subsidiary, Sterling Gtake E-Mobility Ltd (SGEM), on Wednesday announced its entry into the manufacturing and marketing of rare earth magnet-free traction motors for electric vehicles. The company has signed a technology licensing agreement with UK-headquartered Advanced Electric Machines (AEM) Ltd to manufacture these motors at its Faridabad plant in Haryana, it said. Th…
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