June 5, Jinhua, Zhejiang — Panhub Power and the Ningbo Institute of Materials, Chinese Academy of Sciences jointly developed a dedicated permanent-magnet steel that markedly improves compatibility with axial-flux motors. The material yields large gains in magnetic energy product, high-temperature stability and mechanical strength, boosting axial-flux motors' efficiency, power/torque density and long-term operational stability while better balancing peak performance and lifecycle cost. The develo

2026-06-05

June 5, Jinhua, Zhejiang — Panhub Power and the Ningbo Institute of Materials, Chinese Academy of Sciences jointly developed a dedicated permanent-magnet steel that markedly improves compatibility with axial-flux motors. The material yields large gains in magnetic energy product, high-temperature stability and mechanical strength, boosting axial-flux motors' efficiency, power/torque density and long-term operational stability while better balancing peak performance and lifecycle cost. The developers say the advance provides key support for a domestically autonomous, full-process axial-flux electric-drive supply chain and large-scale market deployment aimed at benchmarking international leaders.