To meet Chinese export requirements, Indian companies have submitted End User Certificates (EUCs) affirming that the magnets will not be diverted for military or weapons use.

Some of the Indian companies that have filed applications include Bosch India, Marelli Powertrain India, Mahle Electric Drives India, TVS Motor, and Uno Minda.

The government have stepped in to support the auto and component industry in procuring the rare earth magnets from China as companies scramble to get their import licences from Beijing, reported ...

SEBI does not accept physical certificates anymore, and the investors need to dematerialize them into electronic form. Looking at a time-consuming and tedious dematerializing process, Zerodha has ...

NEW DELHI: The government has stepped in to support the auto and component industry's efforts to procure rare earth magnets from Chin,a with companies submitting End User Certificate (EUC) to ...

The Council of the European Union said on Tuesday it had agreed on setting requirements to ensure that new vehicles are designed in a way that supports their re-use and recycling.

She said the end-user certificate applied universally to all the countries intending to trade in conventional arms with South Africa. “ To date, the NCACC has not initiated a request for on-site ...

India could slash value addition rules in desperate counter to China’s magnet blockade Recent ministerial meeting discussed the possibility of import bills rising if full assembly imports are ...

China has rejected one of Sona Comstar’s rare earth magnet import applications under new export controls, raising supply concerns for Indian auto firms. Key clients like TVS and Bajaj Auto warn ...