Mahindra & Mahindra, India updates about rare earth supply risk, ramps up ICE and EV production

In an investor update, Mahindra & Mahindra confirmed there are no expected disruptions in its rare earth magnet inventory for at least the next two quarters, reaffirming that the supply chain is “comfortably covered” and that proactive steps—including substituting rare earth materials with alternatives like ferrites—....

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