Rare earth magnets are a crucial component of electric motors in an electric vehicle (EV). According to IDTechEx, rare earth permanent magnet motors have retained a greater than 75% market share since ...

A drilling result from northern British Columbia is arriving at a moment when obscure elements buried in rock have become a ...

$5M Bengaluru team patents EV motor that needs zero expensive magnets Bengaluru-based Vimag Labs has secured its fifth patent in India for “A Robust Rotating Transformer Excited Synchronous Motor and ...

Did you know GM invented the domestic, affordable permanent magnet? Before this neodymium-iron-boron magnet came along in 1984, electric motors, generators, audio speakers, hard-disk drives, and the ...

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 ...

Electric motors are everywhere—from the cars we drive to the appliances in our homes—but most rely on rare earth magnets that come with high costs and environmental challenges. A new wave of ...

Linear motors are becoming increasingly practical for general motion. Many are used for long strokes of a few feet or more. One new design, however, where the magnets move relative to a stationary ...

The global permanent magnetic motor market size was valued at USD 48.31 billion in 2025 and is projected to grow from USD 53.14 billion in 2026 to USD 113.91 billion by 2034, registering a CAGR of 10% ...