[Skip to comments.](#comment) Posted on 12/25/2021 7:56:56 AM PST by [DUMBGRUNT](/~dumbgrunt/) But rushing to replace gasoline-powered cars with electric vehicles would hand the keys to the American transportation sector to China, given Beijing’s near-monopoly on rare-earth elements like neodymium and dysprosium, which are used in the high-output motors of most electric vehicles. … manager at a state-owned rare-earth enterprise based in Ganzhou: “The new company will enforce stricter rules on the production quantity as well as the export volume of rare earths, which may also drive up prices.” In May, the International Energy Agency reported that an electric-vehicle motor requires…