Core Viewpoint - Proterial has developed a new type of magnet for electric vehicle (EV) motors that does not use heavy rare earth materials, addressing supply chain concerns due to China's export restrictions on rare earth elements [1][2]. Group 1 - Proterial has created two types of new magnets, one of which has begun providing trial samples from mass production facilities, while the other is a next-generation magnet with improved heat resistance, expected to start shipping samples around April 2026 [1][2]. - The new magnets are designed to replace traditional neodymium magnets used in precision instruments and electric vehicles, offering stronger magnetic power [1][2]. - The development of these magnets is crucial as the automotive industry faces supply disruptions, exemplified by Suzuki's suspension of production for its Swift model due to rare earth shortages [2].