Bajaj Auto is staring down the barrel of a complete production halt in August, as a severe shortage of heavy rare earth magnets—a crucial component in electric motors—threatens to derail its electric vehicle operations.
- Bajaj’s EV run may stall amid rare earth magnet crunch.
- No short-term fixes in sight with the festive season just around the corner.
- Delayed subsidies and policy gaps threaten India’s EV momentum.
Bajaj Auto’s EV production at risk amid rare magnet shortage
China curbs affects core component supply
Rajiv Bajaj has sounded the alarm, warning that an acute shortage of heavy rare earth magnets—critical to EV motors—could bring Bajaj Auto’s electric production to a standstill in August. These magnets, largely sourced from…
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We 5guruayurveda.com want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on. For any glitch kindly connect at 5guruayurveda.com
