StartupOpIndia
How Vimag Labs of India plans to replace rare earth magnets in EVs and break China's monopoly
in5points
Vimag Labs has developed a software-defined electric motor that uses copper coils, steel, and software-controlled electromagnets instead of permanent magnets.
The motor eliminates rare earth minerals needed for conventional magnets.
The innovation aims to break China's monopoly on rare earth magnets for EVs.
This could reduce dependency on critical mineral supply chains.
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