TOKYO -- Japanese metal maker Proterial has developed magnets for use in electric vehicle motors that do not require heavy rare-earth metals, a breakthrough that could ease supply chain concerns amid China's export restrictions on the materials.
Materials
EV magnets by Japan's Proterial do not need heavy rare-earth metals
Technology could help stabilize supply chains amid Chinese export curbs
Proterial has developed neodymium magnets for use in EV motors without the need for heavy rare earth metals. (Photo courtesy of Proterial)
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