Primus In News
EV output at risk but Motown keeps chin up for festive season
29-07-2025
Nikhil Dhaka, Vice-President, Primus Partners, shares his view on the broader impact of the rare earth materials (REM) shortage. He highlights that the effects are not limited to electric vehicles alone — internal combustion engine (ICE) vehicle production is also likely to be affected by August. While EVs are more vulnerable due to higher magnet requirements per unit, the entire auto sector is beginning to feel the strain.
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