Toyota Finds Way To Avoid Using Rare Earth: Report

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toyota prius, détroit salon, motor

Présentation de la Toyota Prius C lors du salon de Détroit en janvier 2012 © BILL PUGLIANO / GETTY IMAGES NORTH AMERICA / AFP

Toyota Motor Corp has developed a way to make hybrid and electric vehicles without the use of expensive rare earth metals, in which China has a near-monopoly, Japan’s Kyodo News reported.

Toyota, the world’s top producer of fuel-saving hybrid cars such as the Prius, could bring the technology to market in two years if the price of rare earths does not come down, Kyodo said, citing a source familiar with the matter.

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