Auto companies flag China's magnet supply risks | Dununu.com :...

Dununu.com Dununu

Sponsored

Auto companies flag China's magnet supply risks

RSS Feed Business

Posted

80

The Indian auto industry is facing a potential production shutdown due to China's export restrictions on rare earth magnets, crucial for various vehicle components. Companies like Maruti Suzuki, Mahindra, and Bajaj Auto are at risk, with Bajaj Auto anticipating a significant impact on EV production by July.

Read Full Article

Please log in to like, share and comment!

'Can't express ...': How Kamboj spent his last 48 hours before India Test debut - Watch

Anshul Kamboj, Haryana's seamer, debuts for India in the fourth Test against England at Old...

By 0 6

UML General Secretary: Bidya Devi Bhandari’s party membership automatically inactive, move aimed at strengthening democracy

KATHMANDU: The CPN-UML has stated that former President Bidya Devi Bhandari’s party...

By 0 27

Fake stamps, currency, diplomatic license plates: How a man ran fake embassy for 'West Arctica' from Ghaziabad

By 0 37

National Sports Bill: How is it different from National Sports Code?

India is on the verge of modernizing its sports administration with the National Sports...

By 0 39

Deadly shooting in Northern Ireland kills 2; police say no ongoing threat, probe launched

By 0 61