Reported 14 days ago
Rare earth metals are becoming essential for modern technologies, including electric vehicles, with General Motors (GM) surprising investors by investing in their production since 2021. This strategic move positions GM as the only major U.S. automaker with a domestic magnet source, reducing reliance on China and boosting its EV strategy. As GM's stock shows promise, analysts maintain a bullish outlook on the company's future in the evolving automotive landscape.
Source: YAHOO