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Simple Energy Develops Rare earth free motor, IPO bound

India’s Simple Energy is Making Motors Without Rare Earths!

Here’s a good news from the Indian electric vehicle (EV) space that’s a big deal for everyone, from riders to the entire auto industry. Bengaluru-based startup Simple Energy has just announced that they’ve started commercial production of rare-earth-free motors for their electric scooters. This is a game-changer, and here’s why. This big announcement came out…

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Rare Earth in EV industry

The Power of Rare-Earths in Cars: A Shifting Landscape

You might not know it, but your car has some seriously powerful, tiny heroes working behind the scenes: rare-earth magnets. These are not your typical fridge magnets; they’re incredibly strong and are absolutely essential for modern automobiles, especially the fast-growing electric vehicle (EV) segment. The EV Revolution and Its Magnetic Dependency So, what’s the big…

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