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US automakers diversification into defense and energy

10 clusters · 39 sources · last updated

Latest: General Motors announces fourth-generation EV platform with LMR batteries

Major U.S. automakers, specifically Ford and General Motors, are diversifying their business models toward defense contracting and energy storage systems (ESS) in response to slowing traditional vehicle sales. Following

[QUIET] [BUSINESS] [US] [CA] [EE]

Global rare earth magnet production expansion

6 clusters · 12 sources · last updated

Latest: MP Materials expands rare-earth processing capabilities

The production of rare earth magnets is expanding globally to meet demand for electric vehicle (EV) motors, industrial robots, and defense applications. Evolution Metals & Technologies Corp. is expanding its production,

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