Navigating the Rare Earth Crisis

This chapter examines the rising importance of rare earth materials in the automotive industry amid supply chain disruptions resulting from China's export restrictions. It highlights the challenges facing manufacturers in sourcing alternative supplies and the implications of relying heavily on a limited number of sources, particularly for the production of electric vehicles. The discussion also emphasizes the strategic motivations behind these restrictions and the urgent need for policy support to mitigate the impact on both European companies and their Chinese suppliers.