UCLA researcher have managed to make major improves in MRAM memory by electric voltage instead of a flowing electric current (which is used in STT-MRAM). They call the new memory MeRAM (Magnetoelectric Random Access Memory). The researchers say that MeRAM combines extraordinary low energy with very high density, high-speed reading and writing times, and non-volatility.

MeRAM could be 10 to 1,000 times more energy-efficient than STT-MRAM. It's also five times as dense (more bits stored in the same physical area). This should hopefully make MeRAM cheaper, too:


http://www.mram-info.com/uclas-new-meram-technology-10-1000-times-more-energy-efficient-stt-ram-give-times-dense

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