RARE EARTH MAGNETS SHORTAGE AND IMPACT ON INDIAN EV CAR INDUSTRY | PODCAST - EPISODE 6

Rare earth magnets are the invisible engines behind EVs, smartphones, and satellites, and now, they’re at the center of a global supply chain crisis. With China tightening exports and India’s EV industry hanging in the balance, one tiny magnet is not just steering the future of automobiles but rewriting geopolitics. The future of electric vehicles may not depend on batteries or mileage. But on rare earth magnets. These tiny but powerful components, especially Neodymium magnets, are essential to synchronous motors used in EVs. But there’s a problem: China controls over 90% of global magnet production, and delayed exports are shaking up the EV supply chain worldwide. In this Episode 6 of Which Car Should I buy, Siddharth Vinayak Patankar is breaking down: What rare earth magnets are, and how they power electric cars Why India’s EV industry is under pressure as import requests go unanswered What critical raw materials have to do with national security? How companies like IREL, TVS Motor, and Bosch India are responding? What India’s ₹5,000 crore push to localize magnet production means for the future? The rise of rare-earth-free motors, and why IITs are joining the R&D race From EV crisis to geopolitical moves, this is the full story of how one of the smallest components is causing one of the biggest disruptions in clean tech. The rare earth magnet crisis can affect electric car production in India such for popular cars like the Tata Nexon EV, Tata Harrier EV, MG Windsor, Mahindra BE 6 and electric scooters such as the Bajaj Chetak, TVS iQube, Ather Rizta and more. Skip to your preferred chapter: 0:00 - 0:38 Introduction 0:38 - 3:28 What is a Rare Earth Magnet? 3:28. - 4:30 Trivia 1 4:30 - 6:04 The China Angle 6:04 - 7:02 India Impact 7:02 - 7:32 Petrol Cars Also Affected? 7:32 - 9:31 Trivia 2 9:31 - 11:27 What's India Doing? 11:27 - 11:45 Trivia 3 11:45 - 12:21 Rare Earth Magnet Free Motors! 12:21 - 15:15 Closing Note 15:15 - 21:40 SVP Answers Your Questions If this blew your mind (or your EV plans), Watch our other episodes in the Which Car Should I Buy Series: Forgotten Cars In India That Are Still Worth Buying -    • INDIA'S BEST KEPT SECRET CARS IN 2025 | WH...   Are Hatchbacks Dead? -    • Are Hatchbacks Still Worth Buying In 2026 ...   Do BNCAP Ratings Make Sense? -    • SAFETY RATINGS FOR CARS LIKE BNCAP AND THE...   Are Special Editions Really That Special? -    • Should You Buy Special Edition Cars In 202...   Is The Right SUV For You? -    • SUV Mania in India | Which One Should You ...   SUBSCRIBE to Acko Drive for your daily dose of Auto & Tech: Visit us - https://ackodrive.com/ Follow us on Twitter:   / ackodrive   Like us on Instagram:   / ackodrive