a day ago
India Open to Easing EV Rules as China's Rare Earth Curbs Bite
India is amenable to relaxing the 50% localization it expects from electric vehicle makers and suppliers in return for incentives, after China's curbs on rare earths exports put the goal in doubt, according to people familiar with the matter.
Although the Society of Indian Automobile Manufacturers is yet to make a formal plea for paring the requirement, the industry body's members have flagged the need in various consultations with the government, said the people, who asked not to be named because the discussions are private.
