Caught in China’s magnetic grip, the Indian auto industry is looking to its own country for rare earth safety

The issues related to the rare earth supply chain have been going on since the beginning of the current fiscal, creating anxiety and uncertainties for the Indian automakers. The rare earth magnets in question, namely neodymium-iron-boron (NdFeB), are valued for their strength and efficiency. Modern passenger vehicles rely on these rare earth magnets for several […]