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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 MSN5dOpinion
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 ...
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.
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 ...
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 ...
Reuters reported on Wednesday that China has introduced a tracking system for its rare earth magnet sector in a move to ...
General Motors may have a slight advantage over its competitors ... to domestically source rare earth minerals and process them into the components GM uses in its electric cars.