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Home / Tag Archives: PLI scheme for EV traction motors

Tag Archives: PLI scheme for EV traction motors

Powering Independence: How India’s New Sintered Rare Earth Permanent Magnets Scheme Changes the Game

June 20, 2026 Business News, National

Industrial factory line producing high-tech sintered NdFeB permanent magnets for electric vehicle traction motors.

New Delhi. Saturday, 20 June 2026 Have you ever wondered what keeps the motor of an electric vehicle hummie, or what allows a massive wind turbine to generate clean power so efficiently? The answer lies in a tiny, remarkably strong component: sintered rare-earth permanent magnets, specifically Neodymium-Iron-Boron (NdFeB) variants. Up …