Japanese Firm Proterial Achieves Neodymium-Free Car Motor

July 24, 2023 – In an exciting breakthrough for the electric vehicle (EV) industry, Proterial, a prominent Japanese company formerly known as Hitachi Metals, has successfully developed a revolutionary electric motor that utilizes a neodymium-free magnet. This achievement comes as a major milestone in the quest for sustainable and eco-friendly transportation solutions. Traditionally, neodymium magnets…

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Maximizing Localization Impact: India’s $2.1 Billion Infusion for Laptops with 5% Subsidy

August 31, 2023 – In a move to bolster domestic production and stimulate economic growth, Indian authorities have introduced measures to regulate the import of laptops and tablets. Originally scheduled for early August, the implementation of these measures has been deferred to November 1st following pressures from various quarters. The Indian government’s stated objective is…

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