Allison Ventures Announces Strategic Investment in Niron Magnetics

Allison Transmission’s venture capital arm invests in the development of Niron’s Clean Earth Magnet®️ technology, intended to address the global demand and supply risks of rare-earth elements needed for electric vehicle motors and other critical applications. (Photo: Business Wire)Allison Transmission’s venture capital arm invests in the development of Niron’s Clean Earth Magnet®️ technology, intended to address the global demand and supply risks of rare-earth elements needed for electric vehicle motors and ...