Traditionally, both hybrid and electric vehicles use high quantities of rare Earth metals in which to power their motors and batteries. So, even though they are doing the environment some good in reducing emissions, they are indirectly damaging the Earth by depriving it of some of its most treasured elements. However, Honda has now uncovered their plans to release the new Freed minivan later this year that will take a different stance to others on the market currently.
To create these innovative hybrid engines, Honda teamed up with Japanese steel manufacturing company, Daido Steel. Unlike other hybrid engines, these new models don’t use heavy rare Earth metals such as dysprosium or terbium as part of their composition. Instead, with the help of Daido Steel they were able to create hot neodymium magnets that would do the same job. Because these magnets have the highest magnetic force of all magnets in the world, they are perfect for using in hybrid vehicles.
With introducing this new way of developing efficient yet reliable hybrid engines Honda are certain to see good times ahead. Not only are the new engines be 8 percent lighter than previous models that used the heavy rare Earth metals but they also cost 10 percent less to produce. If this type of hybrid does catch on in the automotive industry, it will improve economics by others and themselves not having to rely on China to get hold of those expensive, heavy rare Earth metals.
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