Recently, advancements in the automotive industry force manufacturers to respond to the swiftly increasing need to produce vehicle control systems that are more sophisticated, use less fuel, and ...

A shortage of rare earth magnets from China could become the next version of the auto industry's semiconductor crisis. Why it matters: The magnets are used in everything from electric motors to ...

DETROIT — General Motors is partnering with two companies — Vacuumschmelze (VAC) and MP Materials — to source magnets for electric vehicle motors in North America. Both agreements are pieces of GM's ...

Key opportunities lie in rare-earth and soft magnetic materials, with expanding end-use in electric vehicles, electronics, and power generation, particularly in Asia-PacificDublin, April 17, 2026 ...

While electric vehicles certainly offer a host of eco-friendly advantages, they're not without some asterisks, one being the rare earth materials (and harmful mining thereof) used to make the magnets ...

GM and Niron Magnetics have completed a strategic partnership agreement to co-develop clean earth magnet motor technology which can be used in future GM EVs. GM Ventures has also made an investment in ...