EV supply chain strain: Maruti Suzuki cuts e-VITARA production, rare earth magnets bottleneck worsens after China export curbs – Times of India

EV supply chain strain: Maruti Suzuki cuts e-VITARA production, rare earth magnets bottleneck worsens after China export curbs – Times of India

India’s largest automaker Maruti Suzuki is slashing the production forecast for its upcoming electric SUV e-VITARA, amid a critical shortage of rare earth magnets, according to industry sources. The company now aims to roll out 8,000 units by September, down sharply from the originally planned 26,000+ units.The automaker, however, plans to meet its full-year production…

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