Carmakers Seek Western Supplies of Rare Earths and Magnets

Carmakers seek western supplies of rare earths and magnets

Mercedes-Benz among groups looking to secure alternative sources of vital materials after China tightens export curbs

Carmakers Seek Western Supplies Of Rare Earths And Magnets - Data Intelligence

Stay informed with free updates Simply sign up to the European carmakers are in talks with western magnet and rare earths companies as they seek to secure alternative sources of the critical materials amid a shortage exacerbated by Chinese export restrictions. Rare earths are vital to car manufacturers because they are used in the permanent magnets in electric vehicle motors as well as other components found in all cars. China, which dominates …

Rare Earth Magnet Shortage Threatens Auto Production Amid China’s Export Curbs

Rare Earth Magnet Crunch Threatens EV Production in India China’s export controls spark supply crisis, forcing auto industry… The post Rare Earth Magnet Shortage Threatens Auto Production Amid China’s Export Curbs appeared first on IMP.NEWS.