India's ambitious plan to transition to electric vehicles (EVs) by 2030 is facing a significant hurdle - the country's reliance on rare-earth minerals. As the demand for EVs surges, India's dependence on foreign imports of these crucial minerals is becoming a major concern. Rare-earth elements, such as neodymium and dysprosium, are essential for the production of EV motors and batteries, but India's domestic supply is scarce. With the government's goal of making EVs 30% of total vehicle sales by 2030, the country's rare-earth mineral conundrum is threatening to derail its EV dreams.
India's EV dream has a rare-earth problem Indiatimes
