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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reshoring manufacturing fort worth
Hillwood Chairman Ross Perot Jr. and MP Materials co-founder and CEO James Litinsky, seen at the 2022 groundbreaking for MP's rare earth magnet factory at AllianceTexas in Fort Worth. [Photo: MP Materials]
Construction Begins in Fort Worth on America’s First Rare Earth Magnet Manufacturing Facility
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.
by Quincy Preston |
Jul 28, 2020
The technological advancement of these motors has "as big of an impact on minimizing global energy consumption as any major battery breakthrough could have," says Linear Labs' VP of Technology.
Four M200 motors in a four-wheeled vehicle "can provide more peak torque than a 2020 Porsche 911 Carrera S engine."
Four M200 motors in a four-wheeled vehicle "can provide more peak torque than a 2020 Porsche 911 Carrera S engine."
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