Automotive

NdPr drives almost
all E-vehicles

More than 90% of electric vehicles are using a Neodymium permanent magnet engine, each of which requires approx. 1kg pure NdPr oxide.

Pioneered by visionaries like Elon Musk of Telsa Inc, E-mobility is on its way to becoming mainstream. Musk’s Tesla cars have triggered a tidal wave of investment by leading car manufacturers into electric vehicles. Forecasts show that by 2020 there will be more than 100 new electric and plugin models on the market and by 2025, more than 250 different electric car models will be available worldwide. At present, more than 20 billion USD have been invested by companies like LG Chem, Panasonic, Daimler, VW, Sanyo, Nissan, Tesla, Boston Power and Foxcom in new capacity for lithium batteries and storage factories world-wide. Once electric vehicles become cheaper to purchase than combustion engines, the demand will skyrocket. For the first time, we will see a significant end-consumer rare earth application coming online with a disruptive impact to the rare earth market and how we perceive mobility today!

08/09/2017
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"LG Chem Investing $387 Million Into Europe’s Largest EV Battery Factory (In Poland)"

LG Chem will be investing 436 billion won ($387 million) into LG Chem Wroclaw Energy sp. z o.o — t

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28/09/2017
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"Audi Says It Will Build EV Factories Around The World"

Audi is getting serious about building plug-ins   Audi has announced that future electric

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22/09/2017
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"How Electric Cars Can Create the Biggest Disruption Since the iPhone"

Combination of self-driving, on-demand tech could boost growth Big Oil may take a hit as people

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02/10/2017
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"GENERAL MOTORS IS GOING ALL ELECTRIC"

  AFTER MORE THAN a century peddling vehicles that pollute the atmosphere, General Motors

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27/09/2017
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"Chinese new NEV quota announcement: Cap-and-trade policy, automakers must obtain a new-energy vehicle score"

乘用车企业平均燃料消耗量与新能源汽车积分并行管理办法 发布时间:2017-

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28/09/2017
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"China Gives Automakers More Time in World’s Biggest EV Plan"

Automakers need to obtain 10% of credits from NEVs in 2019 Companies with annual sales over 30,

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01/07/2017
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"Dynamics in the global electric-vehicle market"

New research on electric mobility reveals Chinese OEMs produced 43 percent of EVs worldwide in 2016

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04/10/2017
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"Ford to cut costs $14 billion, invest in trucks, electric cars: CEO"

FILE PHOTO - Ford Motor Company president and CEO James Hackett answers questions during a press con

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