GM and Stellantis Back Rare-Earth-Free Permanent Magnet
Cars That Think
NOVEMBER 15, 2023
At the same time, GM and Niron announced that they had agreed to form a strategic partnership to codevelop rare-earth-free permanent magnets “that can be used in future GM EVs.” Niron Magnetics Automakers have spent enormous sums in recent years preparing for a transportation future dominated by electric vehicles.
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