According to different sources, since the resumption of production in February, many motor manufacturers have increased the ex-factory prices of their products. The prices of each motor have increased by about 100 to 500 yuan. 

     The main reason for this round of motor price rise is the price of raw materials rare earth. Rare earths are made up of 17 metallic elements, including La, CE, PR, ND, TB, PM, SM, EU, gd, dy, Ho, er, TM, TM, Lu, yb, SC and Y, of which praseodymium and neodymium prices rose to 700,000 a tonne as of 2021, and there is a tendency for prices to continue to rise. Rare Earth prices, lead to magnetic steel up, because rare earth is the raw material of magnetic steel, and magnetic steel prices up, cause motor with up, because magnetic steel is the main material for the production of motor. 

     Voice Coil Motor, for example, voice coil motor is mainly composed of stator, rotor and linear movement of the support wheel three parts. The actuator, supported by a guide rail system between two magnets, is made by compressing the coils together with epoxy, while the magnet (usually a high-energy rare-earth magnet) is fixed to the steel. 

     Kunshan, a professional voice coil motor intelligence manufacturer, is trying to absorb the increase in the cost of motors due to the rising prices of rare earths, but if the prices of rare earths, an important raw material for motors, continue to rise, we will have to increase the ex-factory price of the motor, hope the old and new customers know! 

     The article was originally written by www.tmmotion.com in Kunshan, China. Please quote the source.