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Rare Earth Magnets in Electric Vehicle Motors

Rare Earth Magnets in Electric Vehicle Motors
05/01/1900

The global move towards the electrification of vehicles continues to gather momentum. In 2010, the number of electric cars on the world’s roads reached 7.2 million, of which 46% were in China (iea.org/reports/global-ev-outlook-2020). By 2030, the number of electric cars is expected to swell to 250 million, a massive growth in a relatively short time.

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