Ann: Lynas Selected for Phase 1 of US HRE Separation Facility, page-128

See the blue dotted line below?

That's the Feb 20 forecast from ROW's largest PMM manufacturer showing MHEV taking 25% of TOTAL auto sales 2025 which is equivalent to BEV, PHEV & HEV combined.


https://insideevs.com/news/396271/nidec-expand-business-focusing-ev-powertrains/

Now who has the greater credibility?

Your jumbled personal opinions or the No. 1 global supplier of brushless DC motors?



"Nidec intends to invest some 200 billion yen ($1.8 billion) in EV powertrains push, which will result in the manufacturing capacity of millions of electric motors for cars.
The company already produces some 3 billion electric motors annually for all kinds of applications, but those are actually often tiny machines. The traction motors, on the other hand, are a new branch.
The investment will be divided into three plants:

• Dalian, China: from 2021, 100 billion yen ($910 million) investment (up from 55 billion yen planed initially), 3.6 million electric motors annually
• Poland: from fiscal 2021, 50 billion yen ($455 million) investment, 2.4 million electric motors annually
• Mexico: from fiscal 2023, 50 billion yen ($455 million) investment, 2.4 million electric motors annually

In total, those three new facilities will be able to deliver up to 8.4 million electric motors per year. Combined with current production and joint ventures, it would be probably 10 million."

MOST importantly:

"The vast experience and high scale are the foundation, but the key element of the Nidec's strategy is to lower the cost of electric powertrains by 30-50% compared to competitors."

https://insideevs.com/news/398006/nidec-three-electric-motor-plants-evs/

And THAT is the key to Lynas' future, the continued development of cost efficiencies in PMM manufacture across ALL mkt segments, effectively making the ubiquitous for their exceptional energy efficiency.

A US magnet supply chain insulated from both Chinese State subsidy & Hitachi licensing fees will play a key role in that development, you'll find the patents that will be employed here: https://patents.justia.com/inventor/masato-sagawa

Meantime for light entertainment we can continue to track the unsubsidised MHEV volume growth against the rest in the monthly UK reports and track how they work towards the Nidec forecast.