Ather Energy CEO flags supply disruption in Q2 on rare earth magnet crisis

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Electric two-wheeler (E2W) maker Ather Energy expects a short-term disruption in its supply chain in the second quarter of FY26, owing to China’s export restrictions on rare earth magnets, a key component used in electric vehicle (EV) motors.

Tarun Mehta, cofounder and CEO of Ather, while speaking at the company’s quarterly earnings call, said the company could face a shortfall of up to seven days’ worth of supply during the quarter, which may affect its ability to meet dealer demand. While production is not expected to come to a complete halt,…



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Ather Energy CEO flags supply disruption in Q2 on rare earth magnet crisis



Electric two-wheeler (E2W) maker Ather Energy expects a short-term disruption in its supply chain in the second quarter of FY26, owing to China’s export restrictions on rare earth magnets, a key component used in electric vehicle (EV) motors.

Tarun Mehta, cofounder and CEO of Ather, while speaking at the company’s quarterly earnings call, said the company could face a shortfall of up to seven days’ worth of supply during the quarter, which may affect its ability to meet dealer demand. While production is not expected to come to a complete halt,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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