#Honda Has Developed a Hybrid #Battery Without #Chinese #RareEarthElements

#Honda,# Japan’s third-largest automaker, said that its new motors used magnets developed by #Daido Steel Co that do not contain #Dysprosium and #Terbium.

The redesigned motor still uses the light rare earth element #Neodymium, which is found in #NorthAmerica and #Australia, as well as #China.

Read more at: http://fortune.com/2016/07/12/honda-rare-earth-battery-hybrid/

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