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Maruti Suzuki cuts EV production amid rare earth metals crisis
short by Shristi Acharya / on Tuesday, 10 June, 2025
Maruti Suzuki has reduced near-term production targets for its maiden electric vehicle, e-Vitara, due to rare earth metals/minerals shortages as China curbed their exports. The firm is shifting its goal of producing 26,500 e-Vitaras to 8,200, while still planning to meet its output target of 67,000 EVs for FY26. China's curbs on rare earth exports have disrupted global auto industry.
read more at Moneycontrol