Maruti Suzuki India, the country’s largest carmaker, is reportedly recalibrating the production of its upcoming model, the e VITARA, due to a shortage of rare earth magnets, according to industry sources. The company is now aiming to produce about 8,000 units by September, a significant reduction from the previously stated plan to roll out over 26,000 units during the same period. Despite this dip in production, Maruti Suzuki is hopeful of compensating in the following months, setting an ambitious target of around 67,000 units for the fiscal year. However, the company has chosen not to comment officially on the situation.
Maruti Suzuki revises e-VITARA production targets amid rare earth magnet scarcity
