India’s electric buses and trucks under PM E-Drive scheme may get localization norms relaxation for importing rare earth

Sep 12, 2025 - 17:15
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India’s electric buses and trucks under PM E-Drive scheme may get localization norms relaxation for importing rare earth
Supply shortages of rare earth magnets could lead makers to import traction motors, raising questions about India’s EV self-reliance under the ₹10,900-crore PM E-Drive scheme.

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