Those, in turn, caused a dearth in new car inventory and a subsequent spike in new and used car prices. Currently ...

GM is sitting pretty these days when it comes to rare-earth minerals access compared to other automakers. It might be a ...

CEO Jim Farley made the comment in an interview with Bloomberg News. China controls more than 90% of global rare earth ...

Nearly 40 years ago, General Motors invented the rare-earth magnet and thus laid the foundation for modern electric motors. But now the automaker is moving on to a different technology.

completely independently of GM at the same time in the early 1980s. Unfortunately, neodymium and other rare earth minerals used in the motor magnets, including terbium, dysprosium and praseodymium ...

Wondering how Hyundai is thriving amidst market challenges? Uncover the strategic edge that's setting them apart from their ...

And GM has no plans to curtail its use of permanent magnets made from rare earth minerals. The company recently inked a deal with Nevada-based MP Materials to source rare earth materials ...

GM actually invented permanent magnets using rare earth materials decades ago – technology that has since been adapted into the drivetrains of most EVs today. By investing in Niron however ...

According to a Monday (June 17) release, Bennethum brings extensive expertise from her tenure at GM, where she worked to ensure secure supply of key EV materials, including rare earths and ...

which is abundant and inexpensive compared with rare-earth minerals. The investment announced Wednesday comes as electric vehicle sales growth is starting to slow and GM and Ford Motor Co. have ...