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Those, in turn, caused a dearth in new car inventory and a subsequent spike in new and used car prices. Currently ...
The Auto Wire on MSN4dOpinion
GM Flexes Its Rare-Earth Muscles
GM is sitting pretty these days when it comes to rare-earth minerals access compared to other automakers. It might be a ...
CEO Jim Farley made the comment in an interview with Bloomberg News. China controls more than 90% of global rare earth ...
Following some uncertainty in the exports of rare earth minerals from China to the U.S., China has issued licenses to rare ...
Nearly 40 years ago, General Motors invented the rare-earth magnet and thus laid the foundation for modern electric motors. But now the automaker is moving on to a different technology.
While electric vehicles certainly offer a host of eco-friendly advantages ... of GM at the same time in the early 1980s. Unfortunately, neodymium and other rare earth minerals used in the motor ...
It's not being publicly advertised, but access to rare earths is playing an outsized role in resurgent U.S.-China trade ...
GM actually invented permanent magnets using rare earth materials decades ago – technology that has since been adapted into the drivetrains of most EVs today. By investing in Niron however ...
which is abundant and inexpensive compared with rare-earth minerals. The investment announced Wednesday comes as electric vehicle sales growth is starting to slow and GM and Ford Motor Co. have ...
Hyundai Motor Co. (KRX: 005380) has secured a strategic advantage in the global automotive supply chain crisis by maintaining approximately one year of rare earth mineral stockpiles, positioning the ...
Rare earth elements are used to produce magnets ... technological performance — gets taken off the table as a unique advantage.