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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. We broke ground at the Fort Worth site in April of 2022.

Supplies 104
Supplies Fort Worth Fuel Tax Credit 104
article thumbnail

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. We broke ground at the Fort Worth site in April of 2022.

Supplies 52
Supplies Fort Worth Charging Fuel 52
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