Magnet makers squeezed by export curbs and weak Chinese economy Exports made up as much as 50% for some major magnet makers' sales in 2024 Recovery from export slump may be slow, even with deal to ...

GM has invested an unspecified amount in EV rotor permanent magnet maker Niron Magnetics, as well as launching a strategic partnership with the magnet manufacturer as The General expands its North ...

Detroit — The venture capital arms of General Motors Co. and Stellantis NV are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors ...