China’s rare earth curbs put Europe’s auto industry at risk, Italian lobby says
NegativeFinancial Markets

China's recent restrictions on rare earth exports are raising alarms within Europe's auto industry, particularly highlighted by concerns from Italian lobby groups. These curbs could significantly impact the production of electric vehicles and other technologies that rely on these critical materials. As Europe strives to enhance its green transition and reduce reliance on fossil fuels, the potential disruption in supply chains poses a serious threat to the region's automotive sector and its broader economic goals.
— Curated by the World Pulse Now AI Editorial System