Those, in turn, caused a dearth in new car inventory and a subsequent spike in new and used car prices. Currently ...

GM is sitting pretty these days when it comes to rare-earth minerals access compared to other automakers. It might be a ...

CEO Jim Farley made the comment in an interview with Bloomberg News. China controls more than 90% of global rare earth ...

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.

While electric vehicles certainly offer a host of eco-friendly advantages ... of GM at the same time in the early 1980s. Unfortunately, neodymium and other rare earth minerals used in the motor ...

GM actually invented permanent magnets using rare earth materials decades ago – technology that has since been adapted into the drivetrains of most EVs today. By investing in Niron however ...

And GM has no plans to curtail its use of permanent magnets made from rare earth minerals. The company recently inked a deal with Nevada-based MP Materials to source rare earth materials ...

which is abundant and inexpensive compared with rare-earth minerals. Recommended Videos The investment announced Wednesday comes as electric vehicle sales growth is starting to slow and GM and ...

which is abundant and inexpensive compared with rare-earth minerals. The investment announced Wednesday comes as electric vehicle sales growth is starting to slow and GM and Ford Motor Co. have ...

Rare earth elements are used to produce magnets ... technological performance — gets taken off the table as a unique advantage.