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sponsored by AllianceTexas Mobility Innovation Zone
rare earth magnets
Reshoring Rare Earth Magnet Manufacturing to the U.S.: The AllianceTexas Advantage
by AllianceTexas Mobility Innovation Zone | May 1, 2024
When it comes to electric vehicle production, a profound opportunity is emerging that promises to reshape the global supply chain. Key to seizing this opportunity is re-shoring critical magnetic materials to the U.S., a move that is vital for the future of electric vehicles, drones, intelligent transportation systems and the electrification of smart technologies.
by Quincy Preston and Sandra Engelland |
Apr 21, 2022
Through a long-term agreement with General Motors, MP Materials is bringing its MP Magnets division to AllianceTexas and today began building a new, 200,000-square-foot rare earth magnetics and materials manufacturing facility.
The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
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