European Auto Suppliers Shut Plants As China Blocks Rare Earth Flow, Association Says
A severe shortage of rare earth elements has led to the shutdown of several European auto component plants, as reported by the European Association of Automotive Suppliers (CLEPA). This disruption is directly linked to China’s recent export restrictions on rare earths, which are critical for manufacturing electric motors and various automotive components.Since early April, hundreds of European
A severe shortage of rare earth elements has led to the shutdown of several European auto component plants, as reported by the European Association of Automotive Suppliers (CLEPA). This disruption is directly linked to China’s recent export restrictions on rare earths, which are critical for manufacturing electric motors and various automotive components.Since early April, hundreds of European
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