Electric Car Prototype Does Not Require Expensive Rare Earths to Run

Ever wonder why electrics cars are more expensive than gas-guzzling vehicles. Part of the reason is the use of rare earth elements needed to power the motor. Only one country holds the monopoly of these rare substances: China, which currently produces an astonishing 97 percent of all rare earths used globally. Such dependence on rare earth elements need to stop, and this is what a Japanese professor wants to achieve with his invention. Professor Nobukazu Hoshi of Tokyo University of Science has developed an electric car that does not need any kind of rare earth elements.

Gadget.com, Electric Car Prototype Does Not Require Expensive Rare Earths to Run