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Tata Motors Says No 'Panic Button' Pressed Yet on Rare-Earth Curbs
Hindustan Times Jammu
|June 25, 2025
Tata Motors, owner of luxury carmaker Jaguar Land Rover, said on Tuesday it is planning alternate sources for rare-earth magnets and that export curbs imposed by China have not caused the company to press any "panic buttons" yet.
MUMBAI:
China's curbs on rare-earth exports have disrupted the global auto industry, with companies warning of a severe supply crunch. Rare-earth magnets are used in everything from windshield-wiper motors to anti-lock braking sensors in vehicles.
"Currently, I think there's no panic because we believe the supplies are coming through. There's no production curtailment. Nothing is being planned at this point in time," CFO PB Balaji said at an event in Mumbai.
Diese Geschichte stammt aus der June 25, 2025-Ausgabe von Hindustan Times Jammu.
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