Indian start-up claims rare earth-free electric motor breakthrough
July 23, 2026
A Bengaluru, India, start-up 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 […]