Slashdot posted an article about a new motor under development in Germany. Here's a partial description:
-------------------------------------------------------------------------- Magnets, typically using rare earth metals like neodymium, are found at the heart of most electric vehicle motors. It's nice to have a permanent source of powerful rare earth magnetism in your rotor, because using powered coils instead means you have to somehow transfer electricity from the battery through to the coils in a spinning rotor. That means you'll need a sliding point of contact, and sliding points of contact develop wear and tear over time.
Mahle's highly efficient new electric motor ditches rare earth metals altogether, instead using contactless induction to feed power to coils in the rotor.
Rather than magnets, the rotor uses wound coils.
A wireless transmitter sends power to the rotor, using an alternating field that's converted into direct current for the magnet coils.
The ability to continuously tune the magnetism of the coils in the rotor has enabled Mahle to make this a super-efficient electric motor across all operating speeds, particularly excelling at high speeds.
Neodymium has an abundance of about 41.5 ppm. But in mining it, you also get about 8.1 ppm of thorium:
This could be a problem after the mining companies have gone out of business when the new motor hits the market. So just when LFTR starts taking off, the fuel becomes scarce.