GM AND STELLANTIS INVEST IN EV MAGNET STARTUP IN MOVE TO REDUCE CHINA RELIANCE
- NEWS Desk Global
- Nov 8, 2023
- 1 min read
General Motors (GM.N) and Stellantis (STLAM.MI) said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to curb its reliance on China.
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