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China’s Rare Earth Elements Curb Jolts Indian Auto Sector into Action

While Rare Earth Elements (REE) based components are utilised in traditional ICE vehicles, the production of EVs is fundamentally reliant on them—without REEs, manufacturing an EV is virtually impossible, says CareEdge Ratings’ report.Read more

Setco Automotive launches load cushion and torque rod bush

Designed to perform in challenging conditions, these suspension components are engineered to enhance vehicle stability, ride quality, and shock absorption. Read more

Setco Automotive Broadens MHCV Suspension Range with New Components

Setco Automotive, a leading Indian MHCV component manufacturer, launches Load Cushion and Torque Rod Bush, enhancing its suspension offerings for trucks, buses, and trailers.Read more

Jassper Shipping drives India’s last-mile delivery market with EV-led logistics

By incorporating electric vehicles at the center of its logistics operations, Jassper is not just embracing green mobility, it is reshaping the very character of urban freight transport.Read more

Uncertainty over rare-earth magnets supply hurting Indian auto industry

According to ICRA, inventories of rare earth magnets may last only until mid-July 2025 for certain automotive applications. It adds that contingency options appear ridden with logistical, regulatory, and engineering complexities.Read more

Lumax Auto Tech to fully acquire IAC India, boosting auto interiors presence

IAC India operates five manufacturing plants across India, with two located in Chakan, Pune, and one each in Manesar, Nashik, and Bangalore. It also houses a state-of-the-art engineering centre in Pune.Read more

Tata Motors inaugurates advanced vehicle scrapping facility in Kolkata

Equipped with cell-type dismantling for commercial vehicles, two-wheelers and three-wheelers, and line-type dismantling for passenger vehicles, there are dedicated stations for the safe dismantling of various components, including tyres, batteries, fuel, oils, liquids, and gases. Read more

Exide Industries in battery talks with EV makers

Hyundai is set to become the first Indian automaker to use locally manufactured battery cells for electric vehicles through its agreement with Exide’s subsidiary, Exide Energy Solutions, signed in December 2024. Read more

Foxconn to develop EVs for Mitsubishi

The vehicle will be developed by Foxtron, manufactured in Taiwan by Yulon Motor Co, and launched in the Oceania region (Australia and New Zealand) in the second half of 2026.Read more

By 2032 India will have 123 million EVs on-road under NEV goal

By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more

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