The Netherlands ranks among the top European countries for electric vehicle (EV) adoption. According to the Dutch Ministry of Infrastructure and Water Management, electric vehicles (EVs) made up 16% of total car sales in 2022, representing a nearly 70% increase from the previous year. The government's plan to ban the sale of new petrol and diesel vehicles by 2030 is expected to further boost EV adoption in the years ahead. In addition to its leadership in electric mobility, the Netherlands is recognized for its advanced manufacturing and automation industries, where permanent magnets are essential components in electric motors, sensors, and actuators used in robotics and automated systems.
Major renewable energy initiatives, such as the Hollandse Kust Zuid offshore wind farm-the world’s first to be built without subsidies-are also increasing the demand for direct-drive wind turbines, which depend on permanent magnets. Furthermore, the country is actively investing in green hydrogen production, supported by wind power and other renewable sources. As a result, the use of permanent magnets is rising across multiple industries throughout the Netherlands.
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