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MAGNET SUPPLY SHORTAGE
US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materialsAmerica is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will devel...- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
- Electric two-wheeler makers brace for raw material price hikes, AI infra pressureElectric two-wheeler manufacturers are facing significant margin pressure and potential price hikes due to soaring raw material costs and s...
- Global headwinds put electric bike companies on price hike pathElectric two-wheeler companies are feeling the pinch. Rising raw material prices and supply chain issues are impacting profits. Companies l...
- Behind tariffs and tech curbs, US and China are learning to coexist as rivalsDonald Trump arrives in Beijing for a summit amid ongoing trade and technology disputes. Two cycles of US-initiated actions and Chinese cou...
- Quick-service apps compete to woo women workers away from the informal economyQuick-service apps like Snabbit and Pronto are formalising the domestic workforce with flexible shifts and attractive monthly payouts, draw...
- No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...
- Caught in China’s magnet grip, India’s auto industry looks at home for rare-earth securityIndia faces rare-earth magnet supply chain disruptions, impacting automotive players, especially EVs. To counter China's dominance, the gov...
- Global rare earth suppliers step in as India eyes self-reliance amid China curbsGlobal rare earth oxide suppliers from South America, Africa, the UK, and Australia have offered to supply India as it prepares to launch i...
- China seeks India's assurance on no heavy rare earths diversion to USChina demands assurances from India regarding heavy rare earth magnets. These critical components will only be shipped if India guarantees ...
- China's magnet freeze keeps Indian automakers on edgeDespite China easing rare earth export curbs, critical magnet supplies haven't resumed, impacting Indian automakers and parts suppliers. Co...
- Dealing with rare earth magnets supply shortage on daily basis, volumes hit: TVSTVS Motor Company faces electric vehicle production challenges due to rare earth magnet supply constraints following China's export restric...
- China ramps up rare earth exports after fright for global buyersChina's rare earth product exports, including magnets, rebounded in July, reaching their highest level since January. This recovery follows...
- Mahindra to pursue engineering actions to address rare earth magnet shortage issue: Group CFOMahindra & Mahindra is proactively managing potential rare earth magnet supply disruptions caused by China's export restrictions. The compa...
- Maruti says engineers working to mitigate rare earth magnet shortage issueMaruti Suzuki India is actively addressing the rare earth magnet shortage caused by China's export restrictions, ensuring minimal impact on...
- Hyundai says no impact on production due to rare earth magnet shortageHyundai Motor India assured on Wednesday that its production remains unaffected by the rare earth magnet shortage. K S Hariharan, Head of I...
- India to boost rare earth magnet production to counter China's supply curbs: G Kishan ReddyThe Central Government is set to commence rare earth magnet production in Hyderabad, aiming for self-reliance after China restricted suppli...
- Bajaj, Ather, TVS to cut output amid rare earth magnet shortage on China restrictionsIndia's electric two-wheeler industry faces a slowdown as Bajaj Auto, Ather Energy and TVS Motor Company are set to cut production due to a...
- Ford forced to idle multiple US plants on China magnet shortageFord faced factory shutdowns in the US recently. This happened because of a shortage of rare earth minerals. These minerals are vital for c...
- Auto companies 'in full panic' over rare-earths bottleneckGlobal automakers are alarmed by China's rare-earth export restrictions, fearing a new supply chain crisis. With limited alternative magnet...
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