Niron Magnetics aims to use cheap, widely available materials to make magnets for EVs and wind turbines. The motor in your vacuum cleaner and the one in your electric vehicle likely have at least ...

Rare earth magnets are in a lot of everyday items, and make a lot of your most basic electronics work, but they're also an essential component in cars.

T HE MOTORS driving today’s electric cars use powerful magnets made from rare-earth metals.Not all rare earths are actually that rare. Neodymium, for instance, is about as abundant as tin. But ...

Tesla started in 2019 to combine engine types. Its S and X models have two motors: one with rare earth magnets, one without. The induction motor provides more power, while the one with permanent ...