Ferrite Magnets Replace Rare-earths in EV Motor

Ferrite Magnets Replace Rare-earths in EV Motor Yaskawa says it has developed an electric vehicle (EV) motor that avoids the need for neodymium magnets, using much cheaper and easier-to-obtain ferrite magnets instead. The development is intended to reduce the company’s dependence on rare-earth materials, such as neodymium and dysprosium, whose prices have fluctuated widely in [...]