Renault in Talks with Chinese Supplier for Next-Gen EV Motor Technology

Renault is in talks with a Chinese supplier to develop electric-vehicle motors that do not rely on rare earth elements, Reuters reported on Monday, in a move that comes as China lifts a nearly year-long ban on exports of gallium, germanium, and antimony to the United States and a day after Beijing said it would suspend new restrictions on rare-earth and battery-metal exports for one year. Sources told Reuters the French carmaker seeks a long-term technology partnership to replace permanent-magnet motors with copper-based designs already in pilot…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com