Bajaj Auto EV Deliveries Hit by Shortage

  Published 10 months ago

Bajaj Auto expects to deliver only 50–60% of planned EVs in Q2 due to rare earth magnet shortage.

  • CFO confirms delivery shortfall caused by ongoing global supply constraints of rare earth magnets.
  • Shortage impacts electric scooter production, limiting output despite rising consumer demand.
  • Bajaj Auto working on supply chain solutions to stabilize electric vehicle manufacturing and delivery timelines.
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