• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
rare earth elements

Honda Has Developed a Hybrid Battery Without Chinese Rare Earths

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
July 12, 2016, 10:11 AM ET
Bayan Obo Mine
[UNVERIFIED CONTENT] Rare-earth mine in Baiyun'ebo or Bayan Obo. Baiyun'ebo or Bayan Obo is a mining town in Inner Mongolia in China. The mines north of town are one the largest deposits of rare earth metals found in the world.Bert van Dijk — FlickrVision/Getty Images

Japan’s Honda Motor Co (HMC) has co-developed the world’s first hybrid car motor without using heavy rare earth metals, which it says will reduce its dependence on the expensive materials mainly supplied by China.

Hybrid vehicles combining a gasoline engine and electric motor have become increasingly popular in many developed countries, but sourcing a steady supply of rare earth elements such as dysprosium and terbium has been a challenge.

In 2010 China imposed a temporary ban on exports of rare earth minerals to Japan as the two nations engaged in territorial disputes.

Honda, Japan’s third-largest automaker, said on Tuesday that its new motors used magnets developed by Daido Steel Co that do not contain dysprosium and terbium.

This reduced the cost of producing the magnets, a key component in motors, by about 10 percent while making them nearly 8 percent lighter, Honda said.

The new motors will be used in the next Freed minivan, which is sold in Japan and other Asian markets, to be unveiled in the autumn.

Honda started looking to reduce the use of heavy rare earth metals 10 years ago, but a spike in prices around 2011 prompted the tie-up with Daido, the company said.

“This technology will lower our costs and reduce our exposure to price fluctuations,” a Honda official told reporters.

The redesigned motor still uses the light rare earth element neodymium, which is found in North America and Australia, as well as China.

Honda is aiming for new-energy vehicles, including gasoline-electric hybrids, plug-in hybrids, battery-electric and fuel cell vehicles to account for two thirds of its line-up by 2030, from around 5 percent now.

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Future of Work
Malcolm Gladwell tells young people if they want a STEM degree, 'don’t go to Harvard.' You may end up at the bottom of your class and drop out
By Sasha RogelbergDecember 27, 2025
2 days ago
placeholder alt text
Banking
Russian official warns a banking crisis is possible amid nonpayments. 'I don’t want to think about a continuation of the war or an escalation'
By Jason MaDecember 27, 2025
1 day ago
placeholder alt text
Arts & Entertainment
Gen Zers and millennials flock to so-called analog islands 'because so little of their life feels tangible'
By Michael Liedtke and The Associated PressDecember 28, 2025
12 hours ago
placeholder alt text
Success
MacKenzie Scott's close relationship with Toni Morrison long before Amazon put her on the path give more than $1 billion to HBCUs
By Sasha RogelbergDecember 28, 2025
13 hours ago
placeholder alt text
Politics
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says
By Jason MaDecember 27, 2025
1 day ago
placeholder alt text
Europe
Christmas 500 years ago was a drunken 6-week feast that may have been considerably better than the modern holiday, medieval historian says
By Bobbi Sutherland and The ConversationDecember 25, 2025
4 days ago

Latest in

Investingprecious metals
Silver pulls back after topping $80 in historic year-end rally
By Robin Paxton and BloombergDecember 28, 2025
2 hours ago
Arts & EntertainmentObituary
Brigitte Bardot, sex symbol then animal activist, dies at 91
By Angelina Rascouet, Gregory Viscusi and BloombergDecember 28, 2025
3 hours ago
North AmericaMexico
Interoceanic Train derails in southern Mexico, injuring at least 15 and halting traffic on line
By The Associated PressDecember 28, 2025
3 hours ago
AsiaMilitary
North Korea’s Kim tests long-range cruise missiles over West Sea
By Heesu Lee and BloombergDecember 28, 2025
4 hours ago
PoliticsUkraine invasion
Trump says Ukraine and Russia are ‘closer than ever’ to peace after talking to Zelenskyy and Putin
By Will Weissert, Seung Min Kim, Elise Morton and The Associated PressDecember 28, 2025
4 hours ago
EconomyJobs
The job market in 2026 will suffer from ‘uncomfortably slow growth’ in the first half but reverse higher later in the year, JPMorgan says
By Jason MaDecember 28, 2025
4 hours ago