Germans produce an EV motor with no magnet.
 

Reducing Chinese dependence

An EV motor has been developed that uses no magnets, thus lessening the United States' reliance on Chinese magnets (which make up 97 per cent of the world's supply).

German company Mahle said its design does not need magnets, instead of using powered coils in its rotor. Unlike previous efforts, it transfers power to the spinning rotor using contactless induction -- so there are no wear surfaces.

https://fudzilla.com/news/52866-germ...with-no-magnet