A magnet is an important part of devices like smartphones, automobiles, and many more. Most of these magnets are made using rare-earth materials, which are expensive and scarce on the market. Also, ...
Rare-earth magnets are essential for electric motors in vehicles, drones, and trains, forming the backbone of modern, environmentally friendly mobility. These are not simple blocks of metal, but ...
TL;DR: Automakers on both sides of the Atlantic are racing to redesign electric powertrains to use fewer rare-earth elements after repeated supply shocks from China. Instead of relying on permanent ...
SUMTER COUNTY, S.C. — Less than two years after breaking ground, eVAC Magnetics turned a soybean field into a manufacturing facility and has shipped its first rare-earth permanent magnets for ...
Weary of being captive to geopolitics, car companies are looking for ways to replace powerful rare-earth magnets in electric motors. BMW is using motors without ...