Maruti Suzuki is significantly reducing its e-VITARA electric SUV production forecast due to a shortage of rare earth magnets, vital for EV motors. This shortfall stems from China's tightened export restrictions on these critical materials. While Maruti aims to meet its full-year target by increasing production later, other Indian carmakers are seeking government intervention to address import challenges.from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/V4kjGud
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