Rare earth magnet bottleneck threatens Bajaj Auto’s EV output; Q4 profit rises 6% amid strong domestic demand

Bajaj Auto has cautioned that its electric scooter production could face major disruptions from July onwards if China’s export restrictions on rare earth magnets aren't lifted soon. During its March quarter earnings call, the company highlighted this as a serious operational risk, noting that its stockpile of the essential component is running low with no clear resolution timeline in sight.