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Those, in turn, caused a dearth in new car inventory and a subsequent spike in new and used car prices. Currently ...
The Auto Wire on MSN5dOpinion
GM Flexes Its Rare-Earth Muscles
GM is sitting pretty these days when it comes to rare-earth minerals access compared to other automakers. It might be a ...
CEO Jim Farley made the comment in an interview with Bloomberg News. China controls more than 90% of global rare earth ...
Following some uncertainty in the exports of rare earth minerals from China to the U.S., China has issued licenses to rare ...
Nearly 40 years ago, General Motors invented the rare-earth magnet and thus laid the foundation for modern electric motors. But now the automaker is moving on to a different technology.
Reuters reported on Wednesday that China has introduced a tracking system for its rare earth magnet sector in a move to ...
GM actually invented permanent magnets using rare earth materials decades ago – technology that has since been adapted into the drivetrains of most EVs today. By investing in Niron however ...
Strategic GM offtake agreement, U.S. policy incentives, and a critical rare earth supply gap support ... diversifying revenues and taking advantage of full margin uplift. Supported by geopolitical ...
Rare earth elements are used to produce magnets ... technological performance — gets taken off the table as a unique advantage.
General Motors may have a slight advantage over its competitors ... to domestically source rare earth minerals and process them into the components GM uses in its electric cars.