Electric two-wheeler (e2W) companies are upset with some of their suppliers of heavy rare-earth magnet-powered electric motors, who have objected to their proposal - under consideration by the government - that would allow e2W original equipment manufacturers (OEMs) an exemption from localisation norms on electric motors, thereby enabling them to continue receiving the ₹5,000-per-vehicle subsidy.V
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on Wed, 24 Sep 2025 13:19:52 +0530
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Tags: Rare-earth squeeze puts electric two-wheeler firms, suppliers at odds