Modal Motors is trying to cut China out of electric motors entirely
Published . Updated .
The startup is working on small, light motors with no rare-earth magnets that are suited for drones, fans, and robots.
Directly affected
- No company is named in this report.
Indirectly affected
- NVDA NVIDIA
Chip makers and their suppliers move when export rules or Taiwan risk changes
- TSM Taiwan Semiconductor
The main advanced-chip manufacturer sits in Taiwan
- ASML ASML
Chipmaking-equipment sales follow export rules
- AVGO Broadcom
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMD AMD
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMAT Applied Materials
Chip-equipment makers feel export controls
- LRCX Lam Research
Chip-equipment makers feel export controls
- SMH VanEck Semiconductor
A fund of semiconductor companies
- SOXX iShares Semiconductor
A fund of semiconductor companies
- QQQ Invesco QQQ
Big tech moves with chip-supply risk
Price reaction, T-5 to T+3
The startup is working on small, light motors with no rare earth magnets that are suited for drones, fans, and robots.
Source: TechCrunch
Price since this story was published: Hecla Mining (HL)
Since the first closing price after “Modal Motors is trying to cut China out of electric motors entirely,” Hecla Mining (HL) is -16.21%. The S&P 500 fund (SPY) is -0.09% over the same days, a -16.12% difference versus the market. technology stocks (XLK) is +3.23%, a -19.44% difference versus that group of stocks.
Companies in semiconductors around Hecla Mining (HL)
Companies tied to this story
- HL Hecla Mining
In “Modal Motors is trying to cut China out of electric motors entirely,” Hecla Mining (HL) is linked, with no stored direction, medium confidence. Reason on file: GA selected HL as a RELATED security because its canonical security name directly matches this event's themes: mining. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- MP MP Materials Corp. / DE
For “Modal Motors is trying to cut China out of electric motors entirely,” MP Materials Corp. / DE (MP) is linked, with no stored direction, medium confidence. Reason on file: GA selected MP as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- RYAM Rayonier Advanced Materials
For “Modal Motors is trying to cut China out of electric motors entirely,” Rayonier Advanced Materials (RYAM) is linked, with no stored direction, medium confidence. Reason on file: GA selected RYAM as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- USAR USA Rare Earth
In “Modal Motors is trying to cut China out of electric motors entirely,” USA Rare Earth (USAR) is linked, with no stored direction, medium confidence. Reason on file: GA selected USAR as a RELATED security because its canonical security name directly matches this event's themes: rare earth. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ARIS Aris Mining
For “Modal Motors is trying to cut China out of electric motors entirely,” Aris Mining (ARIS) is linked, with no stored direction, medium confidence. Reason on file: GA selected ARIS as a RELATED security because its canonical security name directly matches this event's themes: mining. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ATCX Atlas Critical Minerals
Atlas Critical Minerals (ATCX) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Modal Motors is trying to cut China out of electric motors entirely.” Reason on file: GA selected ATCX as a RELATED security because its canonical security name directly matches this event's themes: critical minerals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How semiconductors news reaches Hecla Mining (HL)
“Modal Motors is trying to cut China out of electric motors entirely” (23 Sep 2026) reaches Hecla Mining (HL) through Semiconductors.
What ties Hecla Mining (HL) to the headline is this: GA selected HL as a RELATED security because its canonical security name directly matches this event's themes: mining. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Also listed, MP Materials Corp. / DE (MP): GA selected MP as a RELATED security because its canonical security name directly matches this event's themes: materials. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Price levels for Hecla Mining (HL)
HL traded between 14.65 and 19.29 across 20 sessions. The latest close on file is 15.04. MP traded between 38.61 and 51.35 across 20 sessions. The latest close on file is 38.97. RYAM traded between 6.57 and 9.40 across 20 sessions. The latest close on file is 6.88.
The semiconductors score for Hecla Mining (HL)
46 out of 100
“Modal Motors is trying to cut China out of electric motors entirely” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.