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Development of Advanced Electric Motor

Sector: Education • Location: Illinois, United States

Source: Magna International

Project
Awarded

Magna International is developing an automotive-grade, non-permanent magnet electric motor aimed at next-generation vehicle propulsion systems. The project focuses on creating a motor that is half the cost and eight times the power density of current electric motors, eliminating the need for rare-earth permanent magnets.

Status
Closed
Sector
Education, Automotive, Power Generation (CCGT), Electric Vehicles (EVs), Government
Location
Illinois, United States of America
Updated
22 Jul 2026
Source
Magna International

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Project Information

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The project “Development of Advanced Electric Motor” is an infrastructure initiative in the Education sector, located in Illinois, United States. Taiyo aggregates data on it from Magna International.

Participants

Sponsoring Agency

Status

Original status

Awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Magna International is developing an automotive-grade, non-permanent magnet electric motor aimed at next-generation vehicle propulsion systems. The project focuses on creating a motor that is half the cost and eight times the power density of current electric motors, eliminating the need for rare-earth permanent magnets.

Original sector

Electric Vehicles

Location

Country

United States of America (USA)

State

Illinois

Source

Source

Magna International

URL

More Details

Record type

Project

Sector

Education, Automotive, Power Generation (CCGT), Electric Vehicles (EVs), Government

Article published date

2025-03-20

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