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Neodymium Latest News

  • Toyota Motor Corporation has announced that it has developed an electric vehicle motor magnet, which reduces the use of a rare-earth material neodymium by almost 50 per cent. Neodymium magnets are heat-resistant magnets used in high-output electric motors for electric vehicles, as well as machines and robots.
    Toyota's New Motor Magnets Cut Dependence On Rare-Earth Materials For EVs