A $5M startup claims rare earth-free electric motor breakthrough | HappeningNow.news
Published Date: July 13, 2026

Energy · 1 views

A $5M startup claims rare earth-free electric motor breakthrough

A Bengaluru startup called Vimag Labs just secured its fifth Indian patent for an electric motor that runs without any rare-earth magnets…

Source Electrek AI Summary Updated 57m ago
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AI Summary

A Bengaluru startup called Vimag Labs just secured its fifth Indian patent for an electric motor that runs without any rare-earth magnets, using software and power electronics to generate its magnetic field instead. It’s a small, $5-million company taking a swing at a problem that has stumped Tesla, GM, and every major automaker for years: how to build a co…

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