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Lawrence Tech launches program to cut automakers' rare earth reliance
Original: Lawrence Tech launches program to ease automakers’ reliance on rare earth materials
Lawrence Technological University has launched a new program aimed at helping automakers reduce their dependence on rare earth materials. The initiative, reported by Crain's Detroit Business, comes as suppliers and manufacturers in the Detroit region seek alternatives to rare earth elements used in electric motors and other vehicle components, a supply chain that has faced geopolitical and cost pressures.
Why now: Automakers are actively seeking ways to secure or replace rare earth supplies amid ongoing supply chain and geopolitical concerns.
Lawrence Technological UniversityautomakersCrain's Detroit BusinessDetroit
Evidence
- Lawrence Tech launches program to ease automakers’ reliance on rare earth materials · Crain's Detroit Business
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