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Date: January 18, 2011 at 15:12:19
From: Rhanie, [180.193.18.104]
URL: http://ph.news.yahoo.com/mb/20110117/tsp-toyota-developing-alternative-electr-b5f7ba2.html
Subject: Toyota developing alternative electric motor

Hallo!

http://ph.news.yahoo.com/mb/20110117/tsp-toyota-developing-
alternative-electr-b5f7ba2.html


Manila Bulletin - Tuesday, January 18SendIM StoryPrint
TOKYO (AP) - Toyota Motor Corp., maker of the popular Prius hybrid
car, is developing a new type of electric motor to cut its dependence
on rare earth metals and lower costs, a company spokesman said Monday.
The new technology will help free the world's No. 1 automaker from
relying on China, which produces 97 percent of the global output of
rare earths needed for many high-tech products, including the current
generation of hybrid gasoline-electric motors. Beijing sent shock
waves through Japan's high-tech sector late last year when it blocked
exports of the exotic metals after a diplomatic spat, and prices have
soared as China gradually tightens its output. "Toyota is always
looking for a reduction in resources and in terms of costs," said
spokesman Paul Nolasco. The company has not released any specific uses
or timeline for the new motor, he said. Toyota has bet big on
gasoline-electric hybrid technology, and an executive said last year
it will begin selling a completely electric vehicle in 2012 in the
U.S., Japan and Europe. The company is also working on an electric
sport-utility vehicle with U.S. luxury electric car maker Tesla.
Analysts said production of such vehicles was still small enough that
there was little short-term risk from a shortage of rare earths, but
this could change quickly. "This isn't a major issue right now, but as
these types of cars become more popular, it becomes a big risk if
supply is limited or cut off," said Mizuho Investors Securities auto
analyst Ryoichi Saito. He said it made sense for companies that make
high-tech products to be developing alternatives, given trade
uncertainties with China. Japan has also actively pursued deals around
Asia to develop alternative sources. In November, China resumed
exports to Japan of rare earths after a two-month de facto ban amid a
diplomatic row over disputed islands. China has been gradually
reducing the amount of rare earths it sends overseas. Earlier this
month a state newspaper said the country would toughen environmental
standards, which could raise prices globally. China's 2010 export
quota of 24,280 tons was a 30 percent reduction from the previous
year. The U.S., Canada and Australia have rare earths but stopped
mining them in the 1990s as lower-cost Chinese supplies became
available. China has about 30 percent of global rare earths deposits.


gruss Rhanie.

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