It's not surprising that the powertrains of electric cars differ quite a bit from traditional internal-combustion engines. Although they have fewer moving parts, the rare-earth magnets that help power ...
The magnet market is expanding due to innovations in manufacturing, sustainability focus, and growing applications in EVs and renewable energy. Opportunities lie in high-demand segments like NdFeB ...
Noveon Magnetics Delivering Sintered NdFeB Magnets to Support Iconic GM Internal Combustion Engine Vehicle Lines and Fortify Domestic Supply Chains SAN MARCOS, Texas, Aug. 6, 2025 /PRNewswire/ -- ...
Since the boom of the NdFeB magnets industry, the usage and potential applications for permanent magnet machines have grown exponentially to the detriment of traditional induction systems. In special ...
Toyota says it has invented a new magnet for high-energy applications like electric motors that uses a fraction of the amount of neodymium (a rare-earth element) of a standard iron, boron, neodymium ...
A neodymium magnet is also known as NdFeB, NIB or Neo magnet is the most widely used type of rare-earth magnet. It is a permanent magnet made from an alloy of neodymium, iron, and boron and used in ...
According to MarketsandMarkets, 'EV Magnet Market by Magnet Type (NdFeB, SmCo, AINiCo, Ferrite), By Vehicle Type (Passenger EVs, Electric Buses ...
MP Materials (NYSE: MP) announced Thursday that it has entered a binding, long-term agreement with General Motors (NYSE: GM) to supply domestically sourced rare earth materials, alloy and finished ...
TARRANT COUNTY (CBSDFW.COM) — MP Materials is preparing to build it's first rare earth metal, alloy and magnet manufacturing facility in Fort Worth. The company has entered an agreement with General ...