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!

27/02/2018
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"Tesla motor designer explains Model 3’s transition to permanent magnet motor"

Tesla made a significant change to its electric motor strategy with the introduction of the Model 3

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05/04/2019
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"Tesla is upgrading Model S/X with new, more efficient electric motors"

Tesla is working on a new electric motor upgrade for Model S and Model X with a more efficient perma

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"Tesla’s ‘rotor geometry’ patent hints at more efficient electric motors"

Tesla has invented a technique for increasing its all-electric vehicles’ power and torque by simpl

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17/12/2018
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"Why China’s electric-car industry is leaving Detroit, Japan, and Germany in the dust"

After the Cultural Revolution of the 1960s and ’70s crippled China’s economy, the country began

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15/01/2019
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"Electric Cars Are Cleaner Even When Powered by Coal"

Researcher expects difference to grow as clean energy expands Electric cars are better for the en

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22/01/2019
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"Dyson electric car: ex-BMW boss takes charge"

Former BMW and Infiniti boss Ronald Krueger will oversee the Dyson electric car project The Dyson

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17/01/2019
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"Chinese maker of $20,000 electric cars set to crack US market"

Kandi, which currently makes cars through an equally held venture with Zhejiang Geely Holding Group

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26/01/2019
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"Flagship Volkswagen plant transforms for EV era"

VW’s Salzgitter plant is getting ready for electric drives. While one of the 86 production lines i

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