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

    www.aol.com/big-ev-motor-investment-gm-130114961...

    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 ...

  3. GM, Stellantis among group investing $33M in company that ...

    www.aol.com/news/gm-stellantis-among-group...

    The venture capital arms of General Motors and Stellantis are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors without using ...

  4. GM partners with startup to develop parts for EV motors to ...

    www.aol.com/gm-partners-startup-develop-parts...

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  5. Electropermanent magnet - Wikipedia

    en.wikipedia.org/wiki/Electropermanent_magnet

    Electropermanent magnets require no power source to maintain the magnetic field. Electropermanent magnets made with powerful rare-earth magnets are used as industrial lifting (tractive) magnets to lift heavy ferrous metal objects; when the object reaches its destination the magnet can be switched off, releasing the object. Programmable magnets ...

  6. Mu-metal - Wikipedia

    en.wikipedia.org/wiki/Mu-metal

    Mu-metal is used to shield equipment from magnetic fields. For example: Electric power transformers, which are built with mu-metal shells to prevent them from affecting nearby circuitry. Hard disks, which have mu-metal backings to the magnets found in the drive to keep the magnetic field away from the disk. [6]

  7. MP Materials - Wikipedia

    en.wikipedia.org/wiki/MP_Materials

    MP Materials focuses its production on Neodymium-Praseodymium (NdPr), a rare earth material used in high-strength permanent magnets that power the traction motors found in electric vehicles, robotics, wind turbines, drones and other advanced motion technologies. [11] MP Materials is listed on the New York Stock Exchange under the ticker symbol ...

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  9. Permanent magnet motor - Wikipedia

    en.wikipedia.org/wiki/Permanent_magnet_motor

    NdFeB is the strongest of all permanent magnet materials used in industrial applications and sees wide use in many types of permanent magnetic motors, including in disc drive spindle motors, electric vehicle motors, alternators, and sensors, power tools, electricity generators, and magnetic resonance imaging (MRI). [5]

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