Many electric vehicles (EV) use the permanent magnetic properties of rare earth metals to make their electric motors as efficient as possible. Earlier this year, Tesla announced that it would ditch ...

Bain Capital-backed Japanese firm Proterial Ltd is looking to manufacture rare earth magnets in India at a time when the country is battling the restrictions imposed by China on the exports of the ...

Electric two-wheeler (e2w) maker Ola Electric has received government certification for a ferrite motor it has developed in-house that eliminates the use of rare-earth materials, reducing dependence ...