More than 80% of the total magnet industry is used in motors, which are in great demand, such as permanent magnet synchronous motors, servo motors, AC motors, DC motors, linear motors, brushless motors, etc., such as the motor of Tesla's Model. 3 is a permanent magnet motor.

1.Permanent Magnets used on HEV systems can increase fuel economy by over 30%.

2. Permanent Magnets used on EV synchronous motor with battery benefits:

Miniaturization of engine

— Remove all mechanical gearing from the motor, along with the required bearings, lubricants and seals.

Lightweight of engine

— Differ from light car to heavy duty applications, weight lighten from 20kg to 68kg.

Higher power density 

Higher torque density

— Develop highest torque from zero rpms, fast(and silent) zero-to-60 acceleration times.

Increased long-term reliability