Today's automotive industry is in a critical period of rapid development, and electrification and intelligence have become the main trends of the industry. In this context, NdFeB magnets, as key components, play a vital role in enhancing the performance and efficiency of automobiles. Whether in the drive system of electric vehicles or in intelligent assistance systems, NdFeB magnets play an indispensable role. This article will bring you a 2023 magnet buying guide for the automotive industry, explore the application of NdFeB magnets in automotive technology, and provide you with key points when purchasing to help you make informed decisions in this evolving field. Whether you are an automaker, engineer, or a reader interested in automotive technology, you will gain valuable insights from this guide and prepare yourself for a better understanding of the critical role of NdFeB magnets in the automotive industry.