Hey there! 🚗 Did you know that many parts in cars use something called rare-earth magnets? These special magnets are super important for things like windshield wipers, brakes, power steering, and even your car’s speakers!
Most of these rare-earth magnets come from the Chinese mainland. Recently, car companies like General Motors, Toyota, Volkswagen, and Hyundai are worried that there might not be enough of these magnets soon. 😟 They wrote a letter to government officials to say that without these magnets, they can’t make important car parts.
If they can’t get these magnets, it could mean that factories might have to make fewer cars or even stop making cars for a while! 🚫🏭 That would be a big problem for people who need new cars and for everyone who works in those factories.
The car companies are hoping to find a solution so that they can keep making awesome cars for everyone. Let’s keep our fingers crossed! 🤞
Reference(s):
Carmakers warn rare-earth shortage from China could halt production
cgtn.com
