EV supply chain jolted: India struggles to import magnets amid China curbs; Jefferies flags looming risk
Friday, 6 June 2025 () India's electric vehicle manufacturing faces disruption due to a widening supply gap of rare earth magnets, exacerbated by China's export restrictions. Indian EV makers struggle to secure magnet imports, essential for EV motor production. The government is exploring solutions like stockpiling and local production incentives to mitigate the crisis and safeguard the EV industry's growth.
Tensions in the South China Sea have escalated dramatically as China deployed two H-6 nuclear-capable bombers to Woody Island in the Paracel chain β their first appearance there since 2020. Satellite..
In a bold military operation, the 29th Guards Combined Arms Army of the Vostok Group of Forces liberated Otradnoye in the Donetsk Peopleβs Republic. According to the Russian Defence Ministry, assault..
The Trump administration has pledged to spend another 100 days to secure a peace deal between Russia and Ukraine. US Vice President J.D. Vance confirmed the push, noting both sides are finally talking...
Friday, 6 June 2025 ()
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