GM invented rare-earth magnets but hopes to purge them from EVs

Nearly 40 years ago, General Motors invented the rare-earth magnet and thus laid the foundation for modern electric motors. But now the automaker is moving on to a different technology. GM recently announced a partnership with Niron Magnetics, a Minnesota-based company that claims to have developed automotive-grade permanent-magnet motors without the rare-earth materials used in…

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GM Delays Chevrolet Equinox EV Market Launch

General Motors’ third quarter earnings call brought several bits of EV-related news, but not all positive. The company revealed that the Chevrolet Equinox EV model (alongside electric pickups) will be delayed to implement some improvements and, in general, to adjust to the current challenging market situation. GM does not say exactly when the Chevrolet Equinox EV…

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Hyundai, Kia in long-term pact with Infineon for automotive power modules, chips, ET Auto

Infineon’s power semiconductors play a crucial role in the transition to electromobility, driving market growth, especially for wide bandgap materials like SiC. Infineon will expand its Kulim fab to build the world’s largest 200-millimeter SiC power fab, strengthening its position as a high-quality, high-volume supplier to the automotive industry. Infineon Technologies AG and Hyundai Motor…

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