Solaris exits Canada for Switzerland with new CEO, board and spin-out plans
The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.
Due to rare earth’s rising costs and unreliable supply, Japanese researchers built an electrical car that doesn’t use any REEs.
The proof-of-concept car was built by the Tokyo University of Science, and has an output of 50 kW with 95% plus efficiency.
Eschewing rare earth materials did cost the car in some aspects. The car has poorer torque and energy efficiency than cars that use rare earth elements.
This is not the first time Japanese researchers have tried to find ways around China’s rare earth supply juggernaut. Large quantities of REEs were discovered by scientists on the ocean floor.
3 Comments
Dan Oancea
Well, Dad still needs his laptop and cell phone so you better start finding and mining some of these REE deposits located in the Western World.
Scotty_mcf
amazing how very few people understand what a strangle hold China is gaining over anyone who is or wants to be a first world nation.
TheEngineer
And God said: “let there be light”.
And God never said: “go forth and make electric cars”.
He did make horses though, and apples, berries, bananas,
and figs I hear tell of. Will there I say will there be
mining in heaven – inquiring minds want to know.