Indian EVs at risk! Delay in Beijing’s rare earth magnets can decelerate auto sector growth; China tightens export rules – Times of India
India’s car industry could be in trouble as China’s stricter control over rare earth magnet exports and shipment clearances delays may slow down electric vehicle production, Crisil Ratings said.The rating agency said that a disruption of even over a month can affect EV launches, production and push back the sector’s growth trajectory.Rare earth magnetsRare earth…
