India’s EV Ambitions Hit a Speed Bump as Rare Earth Magnet Talks with China Stall
India’s automakers, especially those banking big on electric vehicles, are facing a ticking clock. China’s new export rules on rare earth magnets are holding up supplies, and an Indian industry delegation is still waiting for Beijing to say yes to the talks. A group of 40–50 Indian auto industry executives have received visas to travel to China, but the meeting they’re planning hinges on one crucial thing: approval from China’s…