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The auto industry is reeling under rare earth magnets crunch ever since China has imposed restrictions on its exports. A ...
If rare earth shipments don't resume soon, Indian manufacturers may be forced to import fully built motors from China, ...
India is accelerating its rare earth magnet manufacturing plans to support its growing EV sector. With Mahindra, Uno Minda, ...
Mahindra and Uno Minda are exploring rare earth magnet manufacturing in India as the government considers incentives and ...
Sona Comstar, India's biggest importer of rare earth magnets, plans to locally manufacture the ... The company, which supplies gears and motors to car makers such as Tesla and Stellantis, imported 120 ...
Since the restrictions were imposed, rare earth magnet exports from China have fallen roughly 75%, forcing some automaker production lines to halt in Asia, Europe and the United States.
Sona Comstar, India's top importer of rare earth magnets, plans to start domestic production to reduce reliance on China. This move aligns with the government’s push to incentivise local production ...
India is set to focus on domestic production of rare earth magnets with a Rs 1,345 crore investment, aiming to reduce ...
The Indian government has allocated Rs 1,345 crore to boost domestic production of rare earth magnets, as announced by Heavy ...
As the global trade war grinds on, the economic uncertainty has put the North American auto sector on pace to produce half a ...
General Motors is pausing production at a pickup-truck plant in Mexico for several weeks, crimping output of its top-selling ...
The Silverado and mechanically similar Sierra are by far GM’s top sellers in the U.S., and major profit generators.