Toyota Developing New Electric Motor To Ease Dependence On Chinese Rare Earth

Posted: Jan 17 2011, 12:18pm CST | by , in News | Cars & Vehicles

 
Toyota Developing New Electric Motor to Ease Dependence on Chinese Rare Earth
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Don't Miss: This How to find Fingerlings in Stock

Toyota looks to break free from China's rare earth grip

Toyota is one of the largest companies in the world making and selling hybrid vehicles. The hybrid Prius line is very popular all around the world and the electric motors that Toyota uses for its hybrid vehicles depend on rare earth shipments from China.

China and Japan had some sort of diplomatic issue a while back and China withheld shipments of rare earth to Japan. The embargo didn't hurt anything for Toyota, but in the future when the hybrid market is larger, it could be disastrous. To prevent that from happening Toyota is working on a new electric motor.

The new motor will reduce the need for rare earth from China. China currently produces 97% of the rare earth in the world and has 30% of the reserves on the planet. The US, Australia, and Canada also have rare earth deposits, but it was cheaper to get the material from China than to mine it at home.

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Tech and Car expert Shane McGlaun (Google) reports about what's new in these two sectors. His extensive experience in testing cars, computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

Advertisement

comments powered by Disqus