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GM begins producing EV motor permanent magnets in U.S. amid supply chain shake-up

General Motors is accelerating efforts to build a U.S. supply chain for key electric-vehicle components. Permanent magnets used in EV motors have begun to be produced in Texas, and GM is testing and validating them for use in its motors. The work stems from a long-term collaboration with MP Materials that spans rare earth mining and refining through magnet production and motor development. GM describes the project as an example of local production and local sourcing.