GM terminates contract with Vacuumschmelze
German magnet specialist Vacuumschmelze (VAC) first secured General Motors as a long-term US customer for permanent magnets used in electric motors in 2023. However, this collaboration has seemingly now come to an abrupt end.
Sources
- T2GM terminates contract with Vacuumschmelzeelectrive / Charged EVs / The Autopian / Sustainable Bus