Foxconn’s Pan-International invests €35.5M in Belgian axial flux motor maker Magnax
07/04/2026 15:48
Pan-International Industrial Corp, a member of the Foxconn Group, along with Foxconn and incoming management co-investors, will invest €35.5 million in Belgian motor company Magnax. Pan-International will become Magnax’s largest shareholder following FDI approval and transaction completion. Magnax develops yokeless axial flux motors—a topology where magnetic flux runs parallel to the rotation shaft rather than...
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Chinese automaker BYD plans to open 20 Canadian EV dealerships within a year
07/04/2026 15:01
Following the rupture between the US and Canadian arms of the North American auto industry, Canada reversed years of industrial policy and slashed tariffs in order to allow a limited number of Chinese EVs into its market. Chinese automakers are losing no time in taking advantage of the opportunity. Chinese EV giant BYD has announced...
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Swedish EV charging provider Milepost acquires Mer’s AC charging stations
06/04/2026 14:32
Swedish EV charging provider Milepost has acquired a network of AC charging stations from fellow charging provider Mer. The acquisition comprises some 250 charge points across Sweden, from Åre in the north to Malmö in the south. Most offer charging power of 22 kW, but a few support speeds of up to 50 kW. The...
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Purolator orders 100 electric step vans from Workhorse
06/04/2026 14:01
Electric truck OEM Workhorse Group has received a purchase order for 100 battery-electric step vans from Purolator, a Canadian integrated freight, package and logistics solutions provider. This new order will double the number of Workhorse electric step vans in Purolator’s fleet, including the company’s prior purchases from Motiv, which merged with Workhorse in late 2025....
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Peak Nano and Advanced Conversion partner on DC-link capacitors for 800 V+ SiC EV inverters
03/04/2026 15:56
Peak Nano and Advanced Conversion have announced a partnership to co-develop DC-link capacitor solutions engineered specifically for 800 V+ SiC inverter systems in electric vehicles and e-mobility platforms. Advanced Conversion is a wholly owned subsidiary of ETI, based in Clearwater, Florida. The collaboration pairs Peak Nano’s NanoPlex LDF (Low Dissipation Factor) capacito
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LadeSofort app maps 15,000 ad-hoc EV charging stations across Germany
02/04/2026 17:49
German startup LadeSofort has launched a free platform dedicated to ad-hoc EV charging—stations that drivers can use without a contract or subscription. The service currently maps approximately 15,000 stations across Germany and neighboring countries, available as a free app on iOS and Android and at ladesofort.de. Ad-hoc charging has been a persistent friction point for...
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FAA finalizes special conditions for ZeroAvia’s 600 kW electric aircraft engine
02/04/2026 17:38
The FAA has published final special conditions for ZeroAvia‘s Model ZA601 electric engine, establishing the bespoke regulatory requirements the company must satisfy to certify its 600 kW propulsion system for commercial use in aircraft. The rule took effect March 18. The ZA601 is an electric motor, controller, and high-voltage electrical system that p
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