IDTechEx: EV market doubles down on permanent magnets despite material costs
Green Car Congress
DECEMBER 3, 2022
With the continued global turmoil experienced over the past few years, the prices of almost everything are rising. The price of neodymium has remained fairly constant from 2013-2020, but 2022 saw a very sharp rise to its peak in February at 3.8 times higher than it was between 2013-2020. the average value between 2013-2020.
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