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!

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