IDTechEx: EV market doubles down on permanent magnets despite material costs
Green Car Congress
DECEMBER 3, 2022
With the continued global turmoil experienced over the past few years, the prices of almost everything are rising. This has been especially true for the rare earth materials used in the manufacturing of electric motors for electric vehicles (EVs). While the price has settled somewhat, in October 2022, it was still 2.4
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