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EU wants its own ores for electric motor production
Europe is a global leader in the production of electric motors, but too dependent on foreign supply for the magnets. The new REEsilience project must change that /Volkswagen
While Europe is in a catch-up race for battery cell production, it holds a top position worldwide for producing electric motors used in electric cars and wind turbines. However, because of the sector’s strong dependence on imports for its rare earth materials, Europe has kickstarted the REEsilience project. This must investigate local sourcing while setting
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