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ARTICLE · 24 JUNE 2025

New Hybrid Scorecard Slams Carmakers For Loading On Luxury

Crowe
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Restrictions on Chinese exports of rare earth minerals and magnets used in a variety of automotive parts are threatening to create the industry's next major crisis. Automakers and suppliers around the globe are scrambling...

GlobalTransport
Crowe MacKay LLP
Crowe MacKay LLP
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This information that follows is taken from sources including The Car Connection, Autoweek, Green Car Reports, and other industry sources.

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Curb On Rare Earth Exports - More Disruptive Than Microchip Shortage

Restrictions on Chinese exports of rare earth minerals and magnets used in a variety of automotive parts are threatening to create the industry's next major crisis. Automakers and suppliers around the globe are scrambling to mitigate the restrictions, which could lead to shortages of key components found in everything from electric vehicle motors to alternators to power windows. China produces a vast majority of rare earths but curbed their flow out of the country amid an ongoing trade war with the U.S. Already, some automakers and suppliers have had to idle assembly lines because of a lack of parts. Trade groups and industry executives

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