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

Charged EVs

MARCH 11, 2024

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. What’s more, the company is developing a facility in Fort Worth, Texas where it plans to manufacture alloys and magnets from Mountain Pass materials. The majority of EV traction motors use rare earth magnets. And it has customers.

Supplies

Supplies Fort Worth Fuel Tax Credit

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

Baua Electric

MARCH 11, 2024

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. What’s more, the company is developing a facility in Fort Worth, Texas where it plans to manufacture alloys and magnets from Mountain Pass materials. Approximately 90% of electrified vehicle traction motors use rare earth magnets.

Supplies

Supplies Fort Worth Charging Fuel

EV Driven

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

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

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