China's rare earth magnets curb shouldn't impact us: Ather CEO

Shristi Acharya, Published on Apr 26th, 2025

China's rare earth magnets curb shouldn't impact us: Ather CEO

Ather Energy CEO Tarun Mehta said that China's recent move to curb exports of rare earth magnets to India will not impact the company. Rare earth magnets are crucial for building motors used in electric vehicles, and China is its dominant global supplier. Tarun added that China's decision may impact US, while Ather’s supply chains are secure for now.

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