Permanent magnet (PM) motors, using heavy rare-earth elements like Neodymium, Terbium, and Dysprosium, have been the go to choice for electric vehicle (EV) motors due to their efficiency and power density. However, complex extraction processes and limited supply chains have led to price volatility. To overcome these challenges, the e-Mobility industry is increasingly focusing on developing rare-earth-free electric motors. These motors aim to achieve higher speed, power density, and voltage at a lower cost, reducing reliance on rare-earth elements and promoting a sustainable future for electric transportation, and real-time simulation and testing tools solutions Typhoon HIL aid their development. Read this blog article to learn more.