WASHINGTON, England, April 4 (Reuters) – An electric car is a clean car, right? If only it were so simple. From motor magnets with toxic histories to batteries made using copious fossil-fuel power, many challenges face carmakers seeking to purge dirtier materials from their supply chains to satisfy regulators and investors.
These obstacles represent opportunities for a growing group of companies in the electric vehicle (EV) ecosystem that bet they can capitalise on that demand. They include Advanced Electric Machines (AEM) in northern England, which is working with Volkswagen (VOWG_p.DE) luxury brand Bentley and others in the auto industry to develop recyclable electric motors free of rare earth metals, which are often produced using polluting chemicals.
“Our customers need ways to ditch internal combustion engines that are cost-effective and sustainable without putting tons of this nasty rare earth stuff into their cars,” CEO James Widmer said.
The increasing scrutiny of supply chains comes as the European Union, which announced draft laws last year to enforce net-zero emissions targets, considers charging for excess carbon on imports, as well as legislation requiring ethical sourcing and a recycling plan for EV batteries.
For the rest of this article: https://www.reuters.com/business/autos-transportation/carmakers-dream-clean-green-mean-electric-machines-2022-04-04/?utm_source=Sailthru&utm_medium=newsletter&utm_campaign=daily-briefing