China has imposed tight restrictions on rare earth mineral exports, creating a major supply crunch for India’s electric vehicle (EV) sector.
These minerals like lithium, cobalt, and neodymium are essential for building batteries and motors.
India’s largest EV manufacturers have warned of delays and cost hikes. In response, the Indian government is now investing in domestic mining and alternative sources to avoid depending on China.
Analysts believe this could lead to a broader global battle over control of the EV supply chain a war not fought with weapons, but with minerals.
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