“When you’re looking at a geopolitical issue like rare-earth supply, that can lead to developments that create very good solutions.” - John Hansen for Toyota
Alan Ohnsman - BLOOMBERG
- Jan 14, 2011
Necessity is the mother of invention --Ed.
Toyota Motor Corp., the world’s largest seller of hybrid autos, is developing an alternative motor for future hybrid and electric cars that doesn’t need rare-earth minerals at risk of supply disruptions.
Toyota engineers in Japan and the U.S. are working on a so- called induction motor that’s lighter and more efficient than the magnet-type motor now used in its Prius, said John Hanson, a company spokesman. Research is at an “advanced stage,” he said, without saying when vehicles with the motors may be sold.... [Read More]