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China's Grip on Global Rare Earths: Vital for Electric Vehicles, Robots, Drones, and Fighter Jets
3 day ago /
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Author：小编
Two months following China's imposition of rare earth controls, overseas automakers are confronted with the specter of production halts. Media reports indicate that China's export restrictions on rare earth alloys, mixtures, and magnets have prompted warnings from foreign automakers and industry associations that shortages of these crucial materials will delay or cease production at numerous automotive manufacturing facilities. Suzuki Motor, facing the brunt of this impact, has suspended production of its flagship Swift model in Japan, marking it as the first automaker to be significantly affected.
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