Tag Archives: India Reconsiders EV Push Amid China’s Rare Earth Curbs

India Reconsiders EV Push Amid China’s Rare Earth Curbs

GS3 – Economy Context India’s push for Battery Electric Vehicles (BEVs) faces challenges due to China’s export restrictions on rare earth magnets, necessitating a policy reassessment. Key Concerns: Overdependence on China: China dominates battery processing of lithium, cobalt, and nickel. India’s EV targets are susceptible to supply shocks and geopolitical …

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