China has a near monopoly on rare earth magnets, which are essential for manufacturing electric-vehicle motors and other auto components. (Reuters) New Delhi/Mumbai: India’s auto industry has flagged ...
Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry ...
Japan's Proterial will invest ₹2,250 crore to establish a rare earth permanent magnet manufacturing facility in Andhra Pradesh. This facility, producing 1.2 ktpa of NdFeB magnets, is crucial for India ...
New Delhi: Bajaj Auto Ltd is using light rare earth magnets as an alternative to get production of electric 2- and 3-wheelers back on track, as manufacturing suffered in June and July due to a ...
Both Acma and Siam prepared a list of delegates that they intend to rope in if a visit to China can be facilitated by the govt. No Indian auto component or vehicle company managed to get approval from ...
The Indian and global auto sectors could face significant challenges as inventories of rare earth magnets are projected to run out by mid-July 2025 for certain automotive applications, due to China’s ...
Indian auto delegation yet to leave for China for talks to expedite supply of rare earth magnets. (Image: Canva) The bottleneck stems from a sweeping policy shift that came into effect on April 4, ...
Bajaj Auto on Friday said it has resumed supplies of its electric scooter, Chetak, across all dealerships after overcoming constraints caused by global rare earth magnet availability. In recent weeks, ...
NEW DELHI: As Indian auto industry faces a magnet supply crunch, following restrictions placed by China, a group of companies, including some homegrown advanced material entities, have come forward to ...
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