Rare Earth Magnets for Electric Vehicle Market, Global Outlook and Forecast 2024-2030.

Global Rare Earth Magnets for Electric Vehicle Market is experiencing significant growth, driven by escalating demand for high-performance magnets in EV powertrains and ancillary systems. As the automotive industry accelerates its shift toward electrification, rare earth magnets – particularly neodymium iron boron (NdFe variants.

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