Funding Given for Project to Replace Rare Earth Magnets
Source: The Engineer, Stephen Harris (9/20/11)
"A project to replace expensive and environmentally damaging rare earth metals in EVs with steel has received £518,000 to commercialize its technology."
Researchers at Newcastle University have developed an EV motor that generates almost as much torque as existing models, but without rare earth metals such as neodymium and dysprosium that are increasingly costly and difficult to mine.
The Technology Strategy Board has awarded the university, along with Cummins Generator Technologies and motor control manufacturer Sevcon, a grant to scale up the motor for use in hybrid electric trucks. . .View Full Article