The new miniaturized structure requires a few thousand times less power than larger magnets and it could help bring ...
GM and Niron have teamed up to pry the EV motor material supply chain away from China. Did you know GM invented the domestic, affordable permanent magnet? Before this neodymium-iron-boron magnet came ...
In November 2025, India approved a 73bn-rupee ($800m; £600m) plan that could help it to cut its dependence on China in one of the most strategic corners of the global supply chain: rare earth magnets.
After Beijing exerted its power over the valuable magnets as leverage, other countries started to add production, but only incrementally. And China is far ahead. After Beijing exerted its power over ...