Maruti Suzuki India shares dip on delay in new variant e-Vitara launch
Maruti Suzuki India share price dropped more than 1% during Wednesday’s trading session, as the company has reduced its short-term production goals for its first electric vehicle, the e-Vitara, by two-thirds due to shortages of rare earth materials, according to a report. This situation reflects the ongoing disruptions faced by the automotive industry as a result of China’s export restrictions.