GKN Powder Metallurgy enters permanent magnets for EVs market

GKN Powder Metallurgy (GKN PM) announced its roadmap to expand its share in the EV market by entering the production of permanent magnets, a vital component of EV motors, for the European and North American markets. GKN PM plans to establish a capacity to produce up to 4,000 tons of permanent magnets per year for the....

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