“If the Chinese were to cut off the supply of rare earth permanent magnets tomorrow, the American OEM automotive industry would be immediately non-competitive in BEVs. The industry would be forced to use AC motors, which are heavier and less efficient than rare earth permanent magnet motors.”
They could use coiled motors. Not efficient at low speed > problem for likes of Ford that have bet the ranch on the Transit with cheaper LFP batteries.
https://www.electrive.com/2022/06/12/vitesco-reveals-motor-with-coils-not-a-magnet/
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