China's permanent magnet motor has broken the monopoly, accounting for 85% of the world's share, and Japan still does not understand why it has been overtaken.

AIP shares for you"China's permanent magnet motor has broken the monopoly, accounting for 85% of the world's share, and Japan still does not understand why it has been overtaken".

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February 16, 2023

China's permanent magnet motor has broken the monopoly, accounting for 85% of the world's share, and Japan still does not understand why it has been overtaken

The era in the future will belong to new energy, especially in the field of automobiles, fuel vehicles will be phased out in a few years, and in new energy vehicles, China has obvious advantages and is already ahead of most countries. Some people may think that China can win the advantage entirely by battery technology. This is not wrong. Whether it is the CATL era or BYD, they are the leaders in car batteries. However, it is not only the battery that can be advanced in new energy vehicles, but also another key technology, that is, the permanent magnet motor


Permanent magnet motor


Fuel vehicles use engines, and electric vehicles use permanent magnet motors, which do not require ignition and oil to turn on as long as they are powered on, and no longer need multi-speed gears. The two reduction wheels are all done. Therefore, as long as there is an advanced permanent magnet motor, the acceleration of electric vehicles can easily surpass that of fuel vehicles. Most of the new energy vehicles in China are now faster than fuel vehicles. Thanks to my country's permanent magnet motor technology, Chinese enterprises are now firmly in the top spot of new energy vehicles.


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But who would have thought that just over 10 years ago, China's permanent magnet motor was still at the bottom of the technology chain and was despised at home and abroad, while Japan was the monopoly of the global motor market at that time. Relying on strong research and development capabilities, it occupies 40% of the world's rare earth permanent magnet patents. This technology is the key to the development of NdFeB permanent magnets, which are the core components of permanent magnet motors. Therefore, in the past few years, Japan has monopolized 90% of the global RuFeB market. If Chinese companies want to produce this material, they have to obtain authorization from Japanese companies, not to mention how suffocated they are.


So how does China's permanent magnet motor break the monopoly? The key turning point is the high-speed rail. More than 10 years ago, China vigorously developed high-speed rail, requiring Chinese enterprises to seek breakthroughs in traction motors. At that time, CSR Zhuzhou Company took over this business and began to conquer permanent magnet motor technology. After absorbing foreign advanced technology and hard research, Chinese companies took 10 years to complete the overtake, from technical materials to the localization of the supply chain. China took this to break the monopoly of Japanese companies, and this small company has also become a leading motor company.


Huge permanent magnet motor


Nowadays, the permanent magnet motors of Chinese companies have stood in the middle of the world stage, not only leaving Japanese companies far behind, but also laying a solid foundation for the development of new energy vehicles in my country, and Japan still does not understand why it is overtaken by Chinese companies. In addition to the strength of Chinese companies, the advantage of rare earths is also the key. my country is the country with the largest reserves of rare earths. Among them, the production capacity of NdFeB accounts for 85% of the global share, so it is possible to achieve a breakthrough. The breakthrough of permanent magnet motors has set an example and confidence for our country.


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