Top 10 Companies in Rare Earth Magnets for Electric Vehicle Market:...

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2025-06-13 07:14:39 -

Top 10 Companies in Rare Earth Magnets for Electric Vehicle Market: Growth Insights and Forecast 2025–2032

Introduction Rare earth magnets—especially Neodymium Iron Boron (NdFeB)—are critical for electric vehicle (EV) motors due to their powerful magnetic strength, thermal stability, and ability to deliver high torque density. These magnets play a central role in the design of efficient, lightweight drivetrains for Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles...

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