NEW NISSAN EV MOTOR CUTS RARE EARTH USE BY 40 PERCENT
Nissan, Japan: Nissan Motor Co., Ltd. announced that it has developed a new electric motor that will reduce the use of dysprosium (Dy), a rare earth element (REE), by 40 percent compared to conventional EV motors. The new, more environmentally-friendly motor will power an updated version of the Nissan LEAF electric vehicle that will be released in Japan. (Source: http://www.nissan-global.com/EN/NEWS/2012/_STORY/121120-02-e.html)