Evolito’s electric motors look set to take off in aerospace where YASA left off in automotive

Back in July, British “axial-flux” electric motor startup YASA was acquired by Mercedes-Benz for an undisclosed amount. YASA’s electric motors generated considerable EV industry interest because of their efficiency, high power density, small size and low weight. Indeed, Rolls-Royce, best known in aviation for its jet engines, employed YASA engines in its all-electric airplane “Spirit […]

UK travel-led firms get £2bn boost as Covid rules eased for US and EU arrivals

British Airways, easyJet and Rolls-Royce among the day’s biggest stock market winnersCoronavirus – latest updatesSee all our coronavirus coverageNearly £2bn was added to the value of UK airlines and tourism companies on Wednesday after ministers decide…