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Can the World Still Produce Cars Without China's Rare Earth Supplies?
1 day ago /
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Author：小编
On April 4, 2025, China's Ministry of Commerce, in conjunction with the General Administration of Customs, issued a joint announcement implementing export controls on seven crucial medium and heavy rare earth elements: samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium. This measure has resulted in a critical shortage of permanent magnet supplies for automotive manufacturers worldwide. As a predominant supplier of these essential rare earth elements, China's export controls have profoundly affected the automotive industry, which heavily relies on rare earth magnets. Consequently, this development has sparked widespread concern within the global automotive sector.
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