GM and Niron have teamed up to pry the EV motor material supply chain away from China. Did you know GM invented the domestic, affordable permanent magnet? Before this neodymium-iron-boron magnet came ...
China controls about 90% of the entire global supply of rare earth magnets, including their mining and refining. That means that most of the neodymium, dysprosium, and terbium that end up in EV motors ...
A new iron magnet — invented in Minnesota — could reduce reliance on China for EV motors and cellphones Niron Magnetics makes magnets without “rare earth” elements that can be used in electric vehicle ...