TOKYO -- Japanese metal maker Proterial has developed a prototype motor for electric vehicles that uses magnets that do not contain the rare-earth metal neodymium.
Automobiles
New EV motor said to cut need for rare-earth neodymium magnets
Technology from Japan's Proterial would reduce dependence on China for mineral
Proterial says using a special arrangement of an iron oxide magnet allows a neodymium magnet to be replaced in an EV motor. (Photo courtesy of Proterial)
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