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Rare earth magnets are integral to permanent magnet synchronous motors (PMSMs) used in EVs for their high torque, energy efficiency and compact size. Hybrids also depend on them for efficient ...
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Asianet Newsable on MSNShortage of rare earth magnets can decelerate India's automotive ride, Crisil saysChina's rare earth export restrictions threaten India's automotive sector, particularly EV production, due to reliance on Chinese magnets. Delayed shipments and licensing requirements are impacting ...
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