India’s EV Industry: The Race to Reduce Rare-Earth Dependency

India’s electric vehicle sector is at a turning point. More than 80% of rare-earth magnets in Indian EV motors are imported, leaving the industry vulnerable to supply shocks.

Automakers are now shifting toward magnet-free and hybrid designs, reducing dependency while maintaining performance.

With initiatives like India’s Critical Mineral Mission, the future of EV manufacturing depends not just on scaling batteries—but on mastering the art of reducing rare-earth reliance.