China tightens supply: India's auto industry seeks govt help...

China tightens supply: India's auto industry seeks govt help on rare earth magnet imports; key EV parts impacted

Posted

The Indian automobile industry is seeking government intervention to expedite Chinese approvals for rare earth magnet imports, crucial for electric vehicles and car components. Restrictions imposed by China on rare earth element exports are causing supply chain disruptions. Automakers are exploring alternatives, but immediate solutions are limited, potentially leading to production delays and increased costs.

Read Full Article

Please log in to like, share and comment!

Entertainment

Mahesh Bhatt says Mohit Suri is bright, but lauds Anupam Kher's courage

Mahesh Bhatt's proteges, Mohit Suri and Anupam Kher, clashed at the box office with 'Saiyaara'...

By 0 1

Business

India’s Q1 trade shines: Core merchandise exports up 7.2 per cent; rupee, forex reserves show resilience

India's trade demonstrated resilience in Q1 FY26, with exports rising by 5.9% YoY, driven by core...

By 0 1

Business

Hang Seng index dips amid China-US trade talks; European stocks rise, Fed decision in focus

Global stock markets showed mixed performance amid US-China trade talks. European markets like...

By 0 1

International

Saudi Arabia to hosts world’s biggest comedy festival: Kevin Hart, Russell Peters among 50+ top comedians

Saudi Arabia will host the world’s largest comedy festival in Riyadh from September 26 to...

By 0 3

Sports

IND vs ENG: Gautam Gambhir gets into massive fight with The Oval's groundstaff; India staff required to step in

Tensions flared at The Oval as Team India head coach Gautam Gambhir clashed with the groundstaff...

By 0 10