93% of EVs sold in 2018 used permanent magnet traction motors

By Paul Beck Research firm Adamas Intelligence has reported that 93 percent of all passenger EVs sold in 2018 used permanent magnet (PM) traction motors, an increase of 1 percent from 2017.
PM traction motors use neodymium iron boron (NdFeB) permanent magnets in the rotor, which spin the rotor in response to a rotating …read more

Source:: https://chargedevs.com/newswire/93-of-evs-sold-in-2018-used-pm-traction-motors/