Bajaj Auto has issued warnings that delays in the supply of rare-earth magnets from China could disrupt its electric vehicle (EV) production starting in July 2025. The company is targeting growth in the 40,000-unit e-rickshaw market but expects a gradual scale-up due to these supply constraints. Despite a muted Q4 FY25 performance, Bajaj Auto maintains steady margins supported by dynamic pricing and cost control, with management optimistic about a 5-6% domestic growth in FY26 and a positive export outlook. Meanwhile, Ola Electric Mobility reported a widened net loss of 870 crore rupees ($101.8 million) for the quarter ended March 31, 2025, with revenues plunging 62% year-on-year to 611 crore rupees amid falling sales and increased discounting to counter competition. This marks the fourth consecutive quarter of rising losses for Ola Electric. Following these results, Ola Electric's shares dropped as much as 10% in intraday trading, with some analysts downgrading the stock and cutting target prices to 30 rupees per share. The company faces challenges in scaling volumes and successfully entering the motorcycle segment. Suzlon Energy, in contrast, saw its shares rise nearly 12% on strong Q4 earnings. The rare-earth magnet shortage is impacting the broader automotive sector, with car makers globally warning that China's export restrictions could halt vehicle production.