Author: Nishtha Mukherjee
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How China’s rare earth export controls slammed the brakes on India’s EV majors
e-scooters were 60% of India’s nearly 2 million EV sales in FY’25 India depends on China for around 85-88% of REM imports In April 2025, China put rare earth elements (REEs) and rare-earth permanent magnets (REMs) on its export control list, thereby triggering disruptions for Indian automotive companies and original equipment manufacturers (OEMs) dependent on…