The capital is to be invested in its factory in the North East of the UK, creating 40 new jobs over the next two years. According to AEM, the capital will enable the company to start producing copper-free EV motors for both passenger and commercial vehicles. 

Advanced Electric Machines Ltd (AEM) based in Washington, UK, has announced it has signed a Memorandum of Understanding with Cho Thavee Public Company Limited (CTV) of Khon Khaen, and ASIA CAB Co of Bangkok, for the development of a retrofit solution that will enable ICE cars to be electrified with AEM motors.

The truck is fitted with an electric motor co-developed with Advanced Electric Machines and an optional fuel-cell range extender which increases the truck's range from 250 to 500 km.

The money will be invested in a joint project with Advanced Electric Machines to develop hydrogen-based range extenders for medium- to heavy-duty commercial electric vehicles.

Advanced Electric Machines Group Ltd of Washington, a spin-off from Newcastle University's electric motor research team, which is commercialising its electric motors for industry, has unveiled its series of HDSRMs for commercial vehicles and SSRDs for light and passenger car motors, which it believes are the world’s most sustainable motors for electric vehicles.

Axle specialist, SAF-HOLLAND GmbH of Bessenbach, Germany and British electric motor producer, Advanced Electric Machines Ltd are working together to develop the latest edition of the SAF TRAKr regenerative braking axle.