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5 months ago

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

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

General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to curb its reliance on China.

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

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

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