EV Suppliers

Star Group Ind. (SGI) is a South Korean magnet manufacturer renowned for high-performance rare earth magnets. With extensive know-how and patents, SGI produces advanced Nd–Fe–B (Neodymium) magnets for electric vehicle motors and other demanding applications. The company is expanding globally – partnering with POSCO to establish magnet production in the US – to supply magnets using non-Chinese rare earth sources. Founded in 1994, SGI has become South Korea’s leading rare earth magnet producer. Their commitment to innovation (e.g. proprietary split-magnet designs to reduce eddy currents) and quality makes SGI a reliable partner for automotive OEMs seeking top-tier magnet solutions.