Private equity firm Ara Partners has acquired GM EV battery material supplier Vacuumschmelze or VAC from another private equity firm, Apollo, for an undisclosed amount. Ara Partners holds a ...

While electric vehicles certainly offer a host of eco-friendly advantages, they're not without some asterisks, one being the rare earth materials (and harmful mining thereof) used to make the magnets ...

The Union Cabinet’s approval of a Rs 7,280 crore scheme to promote manufacturing of sintered rare earth permanent magnets (REPM) will help address a crucial missing link in India’s electric vehicle ...

Posco International, the trading and energy unit of South Korean steelmaker Posco Group, announced it planned to build a US plant to produce permanent magnets for electric vehicle (EV) drivetrains in ...