No impact of rare earth magnets supply issue on production: Tata Motors Group CFO PB Balaji

New Delhi, August 8 (PTI) Rare world magnets had no effect on the production of electric vehicles of TATA Motors and JLR, and although there were several difficulties in the next neighborhoods, it is low likely to affect the predictable future.

In a call for earnings, the teams said that they are working to solve the problem and that the company continues to risk him and was sure of taking him completely at risk.

“When it comes to rare soil, nothing in the predictable future, nothing,” Balaji, the company’s rare soil magnets due to the shortage of production claimed whether the production of the production.

“The semiconductor crisis gave us enough learning and ability to really manage such difficulties. At this point, at this point, we do not see many interventions to ensure that we can protect this tempo.”

Although the company does not see any problems in the next quarter, balaji said, “There are a few difficulties in the next neighborhoods, but this is something we will solve.

We don’t have any problems right now. ”

BALAJI, Tata Motors “to risk ourselves to risk rare soil magnets supply to solve the problem of continuing to work and we will completely risk it,” he said.

Although this time continues at this point, he said, “Whatever we see in terms of plans they put there, we are sure of ourselves.”

The global automotive industry, including Indian electric vehicle manufacturers, was shot after putting restrictions on the export of rare soil elements used in magnets, which are key components in China’s electric vehicles.