There’s a blind spot in India's electric vehicle ambitions, which sits deep inside the battery. Lithium, neodymium, dysprosium, praseodymium are rare earth elements that power electric vehicle motors, batteries, and electronics. And India imports most of them from a single source: China.In late 2024, China tightened its grip on rare earth exports, citing national security and environmental concerns. It was a sharp reminder of where power lies in the global clean-tech race. China controls more than 70% of global rare earth production and refining. India’s $240 billion auto industry just found itself exposed.
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