GM, Stellantis invest in rare-earth-free EV motor magnets as China tightens material exports

Peng Chen, DIGITIMES Asia, Taipei 0

General Motors and Stellantis have become the latest investors of Niron Magnetics, a US-based startup focused on developing rare-earth-free magnets, an essential material for EV motors. GM said the investment will help the carmaker scale its North American-based...

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