John Bromley, Managing Director – Clean Energy Strategy & Investments at Legal and General Capital, said:“Legal & General Capital invests in innovative businesses with the potential to accelerate progress to a low-carbon economy. AEM’s technology provides a sustainable, market-leading solution capable of eliminating the need for rare earth materials, thereby reducing emissions and supply chain risk. The UK has a long and successful history in cutting edge automotive technologies and by co-leading this investment, we are supporting AEM to fulfil its potential to create skilled jobs and generate global export revenues.”

Advanced Electric Machines’ vision is to design and build the world’s most sustainable EV motors for the global automotive and transport sectors. It utilises its expertise in materials, manufacturing and design to ensure its solutions are not only more sustainable, but also more efficient and cost-effective. Domed head to delay the onset of mushrooming / splintering after repeated use as well as prevent the optional hand guard from sliding up and off the handle after repeated blows

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Based in the North East of England, Advanced Electric Machines Limited was founded in 2017, when it was spun out from Newcastle University’s world-class electric motor research team, led by AEM’s CEO, Dr James Widmer, and CTO, Dr Andy Steven. AEM technologies are covered by 46 international patents protecting their unique motor designs and manufacturing processes around the world. About Legal & General Capital

Scale up production capacity at its manufacturing facility in the North East, creating 40 new skilled green jobs in the next two years. Establish a global sales and service footprint, accelerating the rollout of its innovative motor solutions. AEM’s HDSRM motor, designed for commercial vehicles, is already in production and in vehicles of customers across the UK, Europe, North America and APAC.Accelerate the progress in the development of its SSRD motor for passenger vehicle segment. The SSRD has been developed with the support of Innovate UK, the Advanced Propulsion Centre and leading academic and automotive partners, including Bentley Motors.