Niron Magnetics and Stellantis Partner to Pioneer Rare-Earth-Free Electric Motor Innovation

Niron Magnetics today announced a project in collaboration with Stellantis to develop a new generation of electric motor designs for automotive use using magnets free of rare-earth elements. Niron’s breakthrough Iron Nitride magnet technology offers a promising alternative to traditional rare-earth-based magnets, helping to reduce dependence on foreign-dominated supply chains.