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The Magnet That Made the Modern World

Cars That Think

The global market for these magnets is expected to reach $20 billion a year within a couple of years, as the automobile industry shifts towards electric vehicles and as utilities turn increasingly to wind turbines to meet growing demand. Today, some 95 percent of permanent magnets are neodymium-iron-boron. And I tried many processes.

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Decoding The Complex Supply Chain In The Electric Vehicle Industry

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The majority of cobalt production occurs in the Democratic Republic of Congo (DRC), where ethical and environmental issues have been raised. Manufacturing Processes and Assembly Automobile manufacturing involves numerous stages, including stamping, welding, painting, and final assembly.