GM Stellantis invest in company that makes magnets without rare earth metals

GM Stellantis invest in company that makes magnets without rare earth metals

Detroit — The venture capital arms of General Motors Co. and Stellantis NV are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors without using expensive rare-earth metals. Niron Magnetics of Minneapolis says it can build permanent magnets by using iron…Read More

Leave a Reply

Your email address will not be published. Required fields are marked *