Advancedelectricmachines

AEM secures £16M to accelerate rare earth-free electric motor innovation

Advanced Electric Machines Group (AEM), a UK-based manufacturer of rare earth and magnet-free electric motors, has secured £16 million of funding to support the expansion of its product portfolio and accelerate development of new electric propulsion solutions. Its technology is applicable to a wide range of applications, including passenger car, motorcycle, ATV, the full range of trucks, buses and construction machinery and into the marine sector, The company's motors (which can be used for both primary and secondary drive applications) eliminate the need for permanent magnets and rare earth materials, including replacing copper windings with aluminium, helping customers reduce supply-chain risk while delivering competitive performance, efficiency and cost with reduced weight and improved recyclability. By eliminating permanent magnets, customers can reduce their exposure to the supply-chain challenges and the price volatility associated with rare earth materials. AEM’s technology port