Posco begins derisking rare earth permanent magnet supply chain | Autocar Professional
Baua Electric
MARCH 11, 2024
Posco International, which is looking to de-risk its supply chain for rare earth permanent magnets from China, has announced that it has bagged large-scale orders through its overseas subsidiaries. The supplied permanent magnets will be mounted on the drive motors of the company’s new mid- to large-sized electric vehicle models.
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