Indian startup Vimag Labs has innovated a wirelessly excited motor that operates without the use of rare-earth magnets, which are traditionally used in electric motors. This advancement addresses supply chain challenges and the high costs associated with rare-earth materials. The motor utilizes a wireless excitation method that does not compromise on performance, offering equivalent efficiency and power density as conventional motors. Vimag Labs’ technology is expected to significantly impact industries reliant on sustainable and cost-effective electric motors, providing an alternative that supports environmental and economic goals.
