Brad Bergan reports for Interesting Engineering that General Motors will soon source rare metals for EVs in North America.
>>>Learn More About Rare Earth Minerals Here<<<
- General Motors, in partnership with Las Vegas-based MP Metals, will look to establish a domestic supply chain of rare earth metals.
- China is currently the world’s main supplier of rare earth materials which threatens stability in our clean energy sector and our national security.
- Establishing a reliable supply chain for these materials is important, especially as more manufacturers are increasing their supply of EVs.
- Private sector innovation is key to unlocking a more reliable and safe rare earth supply chain.
“General Motors has signed a deal to extract rare metals for the motors of electric vehicles in North America, according to a Thursday press release from the automaker. Linking up with the Las Vegas-based MP Materials, the automaker will receive ‘U.S.-sourced and manufactured rare earth materials, alloy, and finished magnets for the electric motors’ ideal for GM’s forthcoming lineup of all-electric vehicles.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
