US Hybrid acquires Satcon Motor Division

US Hybrid Corporation, which provides integrated power conversion components for electric, hybrid and fuel cell vehicles, recently announced the purchase of the motor division from Satcon Technology Corporation.

The new company, Magmotor Technologies Inc. located in West Boylston, Mass., is a wholly owned subsidiary of US Hybrid Corporation.

Magmotor Technologies Inc. offers a broad range of brush and brushless servomotors, and custom designed motors that serve equipment manufacturers in several high-tech markets. Magmotor Technologies Inc. will strengthen US HybridsÂ’ capability to bring a complete line of components to medium and heavy-duty vehicle manufacturers.

“US Hybrid is now capable of providing cost-effective electromechanical motion and control solutions for both OEM and first tier suppliers,” says Guy Rini, EVP Commercial Vehicle Systems.

Magmotor Technologies will continue to serve equipment manufacturers while expanding its presence in the medium and heavy-duty markets.

Related News

australia ev sales

Electric vehicle sales triple in Australia despite lack of government support

MELBOURNE - Sales of electric vehicles in Australia tripled in 2019 despite a lack of government support, according to the industry’s peak body.

The country’s network of electric vehicle charging stations was also growing, the Electric Vehicle Council’s annual report found, including a rise in the number of faster charging stations that let drivers recharge a car in about 15 minutes.

But the report, released on Wednesday, found the market share for electric vehicles was still only 0.6% of new vehicle sales – well behind the 2.5% to 5% in other developed countries.

The chief executive of the council, Behyad Jafari, said the…

READ MORE
dreamline

LOC Renewables Delivers First MWS Services To China's Offshore Wind Market

READ MORE

omnidian-acquires-australias-solar-service-guys-to-expand-global-reach

Omnidian Acquires Australia's Solar Service Guys to Expand Global Reach

READ MORE

Seven small UK energy suppliers must pay renewables fees or risk losing licence

READ MORE

coal strip mining

Disruptions in the U.S. coal, nuclear power industries strain the economy and invite brownouts

READ MORE