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India’s EV Sector Seeks Govt Help as China Curbs Rare Earth Magnet Exports India’s auto industry is raising alarms after China imposed stricter export controls on rare earth magnets, critical for EV motors and components. With over 90% dependency on Chinese supplies, key EV manufacturers fear production disruptions and cost escalations. Industry leaders are urging the Indian government to intervene, diversify sourcing, and invest in local rare earth processing to safeguard the EV ecosystem. This highlights the urgent need for supply chain resilience in India’s fast-growing electric mobility sector. #EVIndia
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Can India’s EV Dreams Survive a Rare Earth Shock? India’s ambitious electric vehicle push now faces a critical test as new export restrictions on rare earths threaten vital supply chains. With most EV motors depending on rare-earth magnets, this is
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In a growing crisis for EV ride-hailing startup BluSmart, around 80 of its drivers gathered at Delhi’s Jantar Mantar, protesting job losses and urging the central government to intervene. The drivers, jobless since BluSmart abruptly suspended operat
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