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LOS ANGELES (Reuters) – The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of elements found in a wide range of gadgets and consumer goods.That makes Toyota's market-leading gasoline-electric hybrid car and other similar vehicles vulnerable to a supply crunch predicted by experts as China, the world's dominant rare earths producer, limits exports while global demand swells.1Worldwide demand for rare earths, covering 15 entries on the periodic table of elements, is expected to exceed supply by some 40,000 tonnes annually in several years unless major new production sources are developed. One promising U.S. source is a rare earths mine slated to reopen in California by 2012.2Among the rare earths that would be most affected in a shortage is neodymium, the key component of an alloy used to make the high-power, lightweight magnets for electric motors of hybrid cars, such as the Prius, Honda Insight and Ford Focus, as well as in generators for wind turbines.
Save your clunkers boys, the South shall ride again....uh...or somthing like that.I saw that....wonder when you factor in all the oil for mining, electricity for smelting, manufacturing, etc....how much oil we DIDN'T save.
I saw a news article listing the entire carbon footprint for a Prius going from raw materials to 100k miles... the conclusion was the planet was better off if everyone drove Hummer H1's.
I saw that - don't remember where.