India’s car industry could be in trouble as China’s stricter control over rare earth magnet exports and shipment clearances delays may slow down electric vehicle production, Crisil Ratings said.The rating…
52 India-based companies depend on Chinese magnets for supplying to automobile manufacturers across the country. (AI image) China’s hold on rare magnets sends Indian industry supply in tailspin! The count…
The Indian automobile industry faces potential production challenges. (AI image) China’s hold on rare earth magnets has left the Indian auto industry worried. A contingent of automotive industry delegates is…
NEW DELHI: The automobile industry has sought govt support in expediting approvals from the Chinese govt for importing rare earth magnets used in various applications, including passenger cars. As per…
NEW DELHI: The Indian automobile industry has urged the government to step in and help fast-track pending approvals from Chinese authorities for importing rare earth magnets—key components used in electric…
A widening supply gap for rare earth magnets is threatening to disrupt India’s electric vehicle manufacturing, with a Jefferies report warning that domestic firms may soon hit a dead-end unless…