The Conversation (0)
HybridCars reported that the severity of the supply threat regarding rare earths is still ambiguous.
HybridCars reported that the severity of the supply threat regarding rare earths is still ambiguous.
As quoted in the market news:
Since China currently dominates international production of rare earth metals, the inability of those quotas to keep up with forecasted demand has long been seen as a threat to hybrid and electric vehicles, whose batteries and motors become more costly as rare earth prices rise.