BMW, GM, and startups are rethinking EV motors to reduce rare-earth dependence
NeutralArtificial Intelligence
- BMW, GM, and various startups are innovating electric vehicle (EV) motors to reduce reliance on rare-earth materials, a critical component in current EV technology. This shift involves securing alternative supplies outside of China and exploring new motor and magnet technologies that minimize or eliminate rare-earth usage.
- This development is significant for automakers as it addresses supply chain vulnerabilities linked to rare-earth materials, predominantly sourced from China. By diversifying their supply chains and adopting alternative technologies, these companies aim to enhance the sustainability and resilience of their EV programs.
- The move to rethink EV motor technology reflects broader industry trends, including the U.S. government's substantial investments in rare-earth technologies to counter China's dominance. Additionally, the global competition for essential materials like yttrium highlights the increasing stakes in the tech and automotive sectors, where supply chain security is becoming a pivotal concern.
— via World Pulse Now AI Editorial System
