Ocean Motor: the future technical route may be "use less heavy rare earths and more light rare earths".

[ocean Electric: future technical route may be "use less heavy rare earths, more light rare earths". On the question of "how does the company view the technical route that does not use rare earths in the market", Dayang Motor said in a survey that China is rich in rare earth resources, and rare earth permanent magnet synchronous motors are currently the mainstream technical route for driving motors for new energy vehicles, with conversion efficiency as high as more than 90%. At present, the future technical route may develop in the direction of reducing the use of rare earths, specifically, using less heavy rare earths and more light rare earths. The market of electric drive system of new energy vehicles is still in the stage of rapid iteration and continuous progress of technology, and the company will develop new products and technologies according to market demand.