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SCOUT· 27%11m·2025-07-03·News Politics
SCOUT· 27%11m·2025-07-03·News PoliticsInside India's rare earth magnet emergency and how EV makers are coping
Daybreak · 524
Rare-earth magnets, made from elements like neodymium and praseodymium, are essential to EV motors. But nearly all of them come from China. And since April, not a single shipment has arrived. Maruti Suzuki has already slashed production. TVS and Bajaj are counting down to a July deadline. Others, like Mahindra and…
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