Ongoing Rare Earths Shortages Force Maruti Suzuki To Cut EV Production

(MENAFN- Investor Brand Network) Maruti Suzuki, the Indian subsidiary of Japanese carmaker Suzuki Motor, has cut electric vehicle production due to the ongoing rare earth mineral shortage. Documents show that the New Delhi, India-based automaker has reduced e-Vitara production targets for the first half of the 2025–2026 financial year by a whopping two-thirds thanks to the shortage. The news shows that China's decision to halt the export of seven rare earth metals in April is already affecting the global automobile sector.

The rare earths shortages are also likely to prompt manufacturers elsewhere like Massimo Group (NASDAQ: MAMO) to search for alternative supply sources so...

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