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Maruti Lowers e-Vitara's H1 Output Target by Two-Thirds
Financial Express Lucknow
|June 11, 2025
Aims to still produce full-year target of 67K EVs by March 2026
Maruti Suzuki has cut near-term production targets for its maiden electric vehicle, the e-Vitara, by two-thirds because of rare earth shortages, a document showed, in the latest sign of disruption to the auto industry from China's export curbs.
India's top carmaker, which said on Monday it had not seen any impact yet from the supply crisis, now plans to make about 8,200 e-Vitaras between April and September, versus an original goal of 26,500, according to a company document seen by Reuters.
It cited "supply constraints" in rare earth materials that are vital in making magnets and other components across a range of hi-tech industries.
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Financial Express Lucknow
Trump lavishes praise on Mayor-elect Mamdani at White House meeting
AFTER MONTHS OF trading insults, US President Donald Trump and incoming New York City mayor Zohran Mamdani smiled at each other, swapped compliments and pledged to collaborate on tackling crime and affordability in the nation's biggest city at an unexpectedly friendly meeting at the White House on Friday.
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Financial Express Lucknow
Kissing has existed for at least 16 million years, scientists say
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4 mins
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Financial Express Lucknow
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Know how to prevent and tackle the serious issue
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Thinking machines among humans
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