- In March 2023, Innomotics emerged as a prominent new player in the field of motors and large drives, introducing a comprehensive product range that includes low- to high-voltage motors, geared motors, medium-voltage converters, and motor spindles. As of July 1, 2023, Innomotics operates as a distinct, wholly owned subsidiary of Siemens AG, based in Germany. The global separation process is scheduled for completion by October 1, 2023
- In March 2022, ABB Ltd launched its synchronous reluctance (SynRM) motor with an IE 5 rating, designed to offer even lower energy losses compared to previous models. This new motor demonstrates ABB’s commitment to improving energy efficiency while meeting increasingly stringent sustainability regulations. The IE 5 rating places the motor in the highest energy efficiency class, helping customers reduce operational costs and minimize environmental impact. It is particularly beneficial for industries where energy consumption is a major operational expense, such as manufacturing, HVAC, and water management. ABB's innovative approach to energy-efficient motor technology reinforces its leadership in providing sustainable solutions for a broad range of industrial applications
