Cornett's Corner

China Frictions Steer Electric Automakers Away From Rare Earth Magnets

China Frictions Steer Electric Automakers Away From Rare Earth Magnets
19TH JULY 2021
BY: REUTERS

As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – permanent magnets, sometimes smaller than a pack of cards, that power electric engines.

Most are made of rare earth metals from China. Click here to download the article to read more.

Thanks for the share, KE!

Heidi

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