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E-truck, e-bus makers to seek another exemption from localization norms due to non-availability of rare earth magnets

Sunday, August 2, 2026 - 01:12
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E-truck, e-bus makers to seek another exemption from localization norms due to non-availability of rare earth magnets
The government has struggled to incentivize e-truck adoption under the PM E-Drive scheme and the response to its indigenous rare earth magnet incentive scheme has been poor.

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