The Magnet That Made the Modern World
Cars That Think
JUNE 21, 2022
It’s one of the great stories of corporate intrigue: General Motors in the US and Sumitomo in Japan independently conceived the technology, and then worked in secret, racing to commercialize the technology, and without even being aware of the other’s efforts. Today, some 95 percent of permanent magnets are neodymium-iron-boron.
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