Ford faces daily struggle with rare earth magnet supplies
Ford Motor continues to reckon with severe supply constraints for rare earth magnets essential to EV production, forcing some temporary factory closures. In a new interview with Bloomberg, Chief Executive Jim Farley described the situation as critical, while ongoing Chinese export restrictions continue to dramatically affect Western manufacturers.
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Originally posted on: https://www.automotiveworld.com/news/ford-faces-daily-struggle-with-rare-earth-magnet-supplies/