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Ather Energy CEO flags supply disruption in Q2 on rare earth magnet crisis
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Electric two-wheeler (E2W) maker Ather Energy expects a short-term disruption in its supply chain in the second quarter of FY26, owing to China’s export restrictions on rare earth magnets, a key component used in electric vehicle (EV) motors.
Tarun Mehta, cofounder and CEO of Ather, while speaking at the company’s quarterly earnings call, said the company could face a shortfall of up to seven days’ worth of supply during the quarter, which may affect its ability to meet dealer demand. While production is not expected to come to a complete halt,…
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