𝐈𝐧𝐝𝐢𝐚 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐬 𝐑𝐞𝐥𝐚𝐱𝐢𝐧𝐠 𝐄𝐕 𝐋𝐨𝐜𝐚𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐍𝐨𝐫𝐦𝐬 𝐀𝐦𝐢𝐝 𝐑𝐚𝐫𝐞 𝐄𝐚𝐫𝐭𝐡 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐫𝐢𝐬𝐢𝐬 As the global supply chain tightens, the Indian government is now considering easing localisation mandates for 𝐄𝐕 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬, 𝐞𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐥𝐲 𝐭𝐡𝐨𝐬𝐞 𝐝𝐞𝐩𝐞𝐧𝐝𝐞𝐧𝐭 𝐨𝐧 𝐫𝐚𝐫𝐞 𝐞𝐚𝐫𝐭𝐡 𝐦𝐚𝐠𝐧𝐞𝐭𝐬 𝐚𝐧𝐝 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐜𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭𝐬. 𝐖𝐡𝐲 𝐭𝐡𝐢𝐬 𝐦𝐚𝐭𝐭𝐞𝐫𝐬: 🔹 China’s export restrictions have disrupted magnet supply used in EV motors 🔹 Local manufacturers 𝐟𝐚𝐜𝐞 𝐬𝐨𝐮𝐫𝐜𝐢𝐧𝐠 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 despite policy incentives 🔹 Government is weighing 𝐭𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲 𝐫𝐞𝐥𝐢𝐞𝐟 on localisation to ensure supply continuity 🔹 Long-term focus remains on building domestic rare earth processing and alternate motor tech At All India EV, we see this move as a strategic balancing act — 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐢𝐧𝐠 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐬𝐮𝐫𝐯𝐢𝐯𝐚𝐥 𝐭𝐨𝐝𝐚𝐲, while building resilience for tomorrow. The message is clear: supply chain security is now a national EV priority. 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://allindiaev.com/india-considers-relaxing-ev-localisation-norms-amid-rare-earth-supply-crisis/ #evnews #evindustry