New Delhi, June 18 -- India's automotive sector faces minimal disruption from China's recent restrictions on rare earth magnet exports, with over 95 percent of vehicles in the country operating on internal combustion engines, according to a Nuvama report.

The analysis indicates that electric vehicles, hybrid passenger vehicles, and electric two-wheelers will bear the primary impact of the rare earth materials limitations.

The report identifies electric passenger vehicles as facing the greatest impact from the restrictions, followed by hybrid passenger vehicles and electric two-wheelers in descending order of severity.

Conventional internal combustion engine vehicles will experience the least disruption due to their minimal reliance on ...