In general, efficiency passes through improvements in fuel (or power) consumption, reduction (or reuse) of waste heat, and reduction of “transportation” waste (such as the transmission chain). More efficient electric motors would need light but imponent engines, that would be able to use the most out of the power the machine bears. Also, reuse of the wasted combustion heat and on-cruise electric regeneration would help improve efficiency. Moreover, better habits while using the motors and lower rate of friction among the components will help reduce waste in energy, improving the overall efficiency.
At present, electric car motors rely on powerful magnets made with neodymium. At present, China produces almost all the neodymium in the world and the US is 100% reliant on imports for neodymium.
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