TOKYO (Reuters) - Toyota Motor Corp has found a way to reduce the amount of a key rare earth metal used in magnets for electric car motors by around 20 percent, which could tame the cost of producing electric cars and reduce the risk of a supply shortage of materials needed for their production.
Comment on New Toyota magnet cuts dependence on key rare earth metal for EV motors
Reuters: Business News, Reuters: Business
Tue, 02/20/2018 - 3:20am
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