A shortage of rare earth magnets from China could become the next version of the auto industry's semiconductor crisis. Why it matters: The magnets are used in everything from electric motors to ...

DETROIT — General Motors is partnering with two companies — Vacuumschmelze (VAC) and MP Materials — to source magnets for electric vehicle motors in North America. Both agreements are pieces of GM's ...

While electric vehicles certainly offer a host of eco-friendly advantages, they're not without some asterisks, one being the rare earth materials (and harmful mining thereof) used to make the magnets ...

GM and Niron Magnetics have completed a strategic partnership agreement to co-develop clean earth magnet motor technology which can be used in future GM EVs. GM Ventures has also made an investment in ...

General Motors on Wednesday said it has invested in a Minneapolis startup that makes permanent magnets for use in electric vehicle motors without the use of critical rare earth minerals. The automaker ...

New funding from GM Ventures, Stellantis Ventures, Shakopee Mdewakanton Sioux Community, University of Minnesota, and other investors will help accelerate commercialization of Niron’s Clean Earth ...

As a trade war between the United States and China continues, Chinese exports of rare-earth magnets are slowing down, which threatens the manufacturing of a wide range of products, including ...