Reuters

GM, Stellantis invest in EV magnet startup in move to reduce China reliance

Nov 8 (Reuters) - General Motors (GM.N), opens new tab and Stellantis (STLAM.MI), opens new tab said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop ...
CNN

With big new EV motor investment, GM aims to cut reliance on China

General Motors has entered into a partnership with a small Wisconsin start-up, Niron Magnetics, to develop electric motor magnets that can be made without rare elements that are mostly sourced from ...
Business Wire

Niron Magnetics Raises $21.3M to Commercialize Rare-Earth Free Magnets for a More Sustainable Electric Economy

Volta Energy Technologies and Volvo Cars Tech Fund join Niron’s existing investors as the company advances its Clean Earth Magnet™ technology as a sustainable alternative to rare earth materials ...

How a small amount of rare earth metal shapes the environmental impact of magnets

Magnets for electric cars and wind turbines contain only a small amount of the rare earth metal dysprosium. Yet, this metal is responsible for a large share of the environmental impact and costs, ...