Brushless motor prices going up?
#1
Brushless motor prices going up?
Anyone else read this?
http://www.rctech.net/forum/electric...ekin-next.html
http://www.rctech.net/forum/electric...ekin-next.html
The price of the rare earth material, Neodymium, has sky-rocketed in the past few months. The Chinese government now controls all neo mining and also the price charged to all vendors using this substance in manufactured items.
ROAR specifies neo in the magnets for ROAR-approved motors and sets a 540 motor list price cap of $149.00, that mfgs of these motors must meet. So brushless motor manufacturers have difficult choices ahead: maintain the same quantity of neo in their magnet "recipes" and raise prices accordingly, use less of the metal and change the characteristics of the magnet, or switch to a different material completely. Neo prices increase each week.
All of the rotors that we are currently using have the same magnet recipes we have always offered; we have not changed our rotors due to this crisis.
Our rotor prices have quintupled in the past few months making the current motor prices unsustainable. We will be announcing price increases for both our 540 motors and the 540 systems in the next few days. We are also considering setting up a Rotor Return Program for our customers to send back old, weak (but not damaged) rotors for credit on store purchases. We have the ability to re-magnetize old rotors and make them as good as new.
ROAR specifies neo in the magnets for ROAR-approved motors and sets a 540 motor list price cap of $149.00, that mfgs of these motors must meet. So brushless motor manufacturers have difficult choices ahead: maintain the same quantity of neo in their magnet "recipes" and raise prices accordingly, use less of the metal and change the characteristics of the magnet, or switch to a different material completely. Neo prices increase each week.
All of the rotors that we are currently using have the same magnet recipes we have always offered; we have not changed our rotors due to this crisis.
Our rotor prices have quintupled in the past few months making the current motor prices unsustainable. We will be announcing price increases for both our 540 motors and the 540 systems in the next few days. We are also considering setting up a Rotor Return Program for our customers to send back old, weak (but not damaged) rotors for credit on store purchases. We have the ability to re-magnetize old rotors and make them as good as new.
Last edited by onefast8; 06-30-2011 at 12:15 PM. Reason: Added link
#2
one of the articles said that the price of Rare earth Magnets (like the ones in the rotors) went from $19/lb last year to $129/lb this may and continue to rise.
Its time to learn Chinese....they are starting their takeover!
Its time to learn Chinese....they are starting their takeover!
#3
Time for everyone to go nitro
#4
#9
It was said they would be offering a trade program for rotors that are not damaged. Damaged means cracked or broke.... Re-Zapping rotors has already been done. I’m sure most if not all of the other manufacturers will jump on this type of program…Just my .$02
#10
Tech Apprentice
#11
Tech Addict
iTrader: (5)
all those years american / canadian aswell , used them for cheap labor , child labor ,
they are about 4x the population we are here combined hehe
asia will take over it's a matter of time......
i think they are playing the ''yes man '' game until they make a big move , they have the power to do it i believe
but anyhow , with that said
selling a 125$ motor back to 250$.........its plain crazy the hobby will lose MANY MANY racers , and casual hobbyist ,
#12
it's called redemption in a way.....
all those years american / canadian aswell , used them for cheap labor , child labor ,
they are about 4x the population we are here combined hehe
asia will take over it's a matter of time......
i think they are playing the ''yes man '' game until they make a big move , they have the power to do it i believe
but anyhow , with that said
selling a 125$ motor back to 250$.........its plain crazy the hobby will lose MANY MANY racers , and casual hobbyist ,
all those years american / canadian aswell , used them for cheap labor , child labor ,
they are about 4x the population we are here combined hehe
asia will take over it's a matter of time......
i think they are playing the ''yes man '' game until they make a big move , they have the power to do it i believe
but anyhow , with that said
selling a 125$ motor back to 250$.........its plain crazy the hobby will lose MANY MANY racers , and casual hobbyist ,
#13
Nitro anyone