Wednesday's top electric mobility headlines

Autonomous EVs from China: Future Mobility, a start-up funded by Foxconn and Tencent, wants to kick off serial production of its self-driving cars before 2020, and offer different models based on the same platform from the get-go. Some 250,000 to 400,000 autonomous EVs could roll off production lines every year.
reuters.com

Rare-earth free motors: Honda and Daido Steel have developed a neodymium magnet for the motor of its hybrid vehicles, for which it will not need heavy rare-earth minerals. The Honda Freed will be the first to feature the new technology when it hits the road this autumn.
bloomberg.com, greencarcongress.com, honda.com

Crime and punishment: Utility Duke Energy has earmarked 1.5m dollars for charging stations in North Carolina. 1m will be reserved for cities and towns wanting to install chargers for cars, the rest for municipalities looking to set up charging for electric buses. The investment is part of a lawsuit settlement with the state, which accused the utility of illicit smokestack pollution.
washingtontimes.com, prnewswire.com

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