Tesla‚Äôs shift to a magnetic motor using neodymium in its Model 3 Long Range carEfforts by governments around the world to cut noxious emissions produced by fossil fuel-powered cars is driving demand for electric vehicles and the metals used to make them, such as lithium and cobalt which are key ingredients for batteries. Now the spotlight is on neodymium. Several automakers already use permanent magnet motors that rely on the metal because they are generally lighter, stronger and more efficient than induction motors that are based on copper coils. But it is the switch to […]