New Delhi, April 26 -- Two-wheeler electric vehicle manufacturer Ather Energy's Chief Executive Officer (CEO) Tarun Mehta said that the company remains largely 'unaffected' by China's move to restrict exports of rare earth magnets to India, among other nations, reported the news portal Moneycontrol on Saturday, April 26.
Tarun Mehta also addressed that China's move is more towards the relationship between the nation and India. These rare earth magnets are key materials in parts or components used in motors fitted in electric vehicles.
"We largely remain unaffected by this. It is more towards the US-China relationship, not us," said Mehta, according to the news report.
Mehta also mentioned that the two-wheeler EV maker's supply chain is...
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