At its Investor Day event, Tesla made an exciting announcement that has the potential to change the EV industry’s landscape. The company revealed that it is planning to release an electric motor that eliminates the need for rare earth elements. This is a significant development, considering the impact rare earth elements have on EV production and the environment.
While rare earth elements may not be a common topic of discussion among the general public, they are crucial in EV production. Rare earth elements such as neodymium, dysprosium, and terbium are found in EV motors and are used to create strong magnets for DC permanent magnet motors. However, these elements are expensive, difficult to source, and often processed in areas like China, raising concerns about material sourcing and processing.
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Tesla’s new motor aims to address these concerns by eliminating rare earth elements from the production process entirely. This move is particularly significant for the US, which is looking to reduce its reliance on other countries for material sourcing and processing. Moreover, it will help debunk the myths surrounding EV production, particularly the false claims that it is not environmentally friendly.
Tesla’s current DC permanent magnet motors use rare earth elements, but the company has reduced its usage by 25% since the release of the Model 3 in 2017. The new motor, which will continue to be a permanent magnet motor, will eliminate rare earth elements altogether. The company showcased the motor’s efficiency and zero usage of rare earth elements at the event, demonstrating its commitment to sustainability and innovation.
This announcement is a significant step forward for the EV industry and Tesla, proving once again that the company is at the forefront of innovation and sustainability. As the demand for EVs continues to grow, Tesla’s new motor will pave the way for a more environmentally friendly and sustainable future.
