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MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation

Charged EVs

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. The majority of EV traction motors use rare earth magnets. There’s much hand-wringing in the press these days about battery raw materials such as lithium, cobalt and nickel. Electric motors work on the principle of electromagnetic motion.

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MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation – Charged EVs

Baua Electric

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. Approximately 90% of electrified vehicle traction motors use rare earth magnets. There’s much hand-wringing in the press these days about battery raw materials such as lithium, cobalt and nickel. And it has customers.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

The project will deploy refueling stations and alternative fuel vehicles in the Dallas-Fort Worth area. Tags: Biodiesel Electric (Battery) Ethanol Fleets Fuels Heavy-duty Hybrids LNG Natural Gas. North Central Texas Council of Governments’ North Central Texas Alternative Fuel and Advanced Technology. Total DOE award: $5,519,862.