Archive · 31 Jul 2025

TVS Flags Magnet Threat Amid Surging Profits

TVS Flags Magnet Threat Amid Surging Profits

Imagine that a company called TVS, which makes scooters and bikes, is worried because China is limiting the supply of important magnets.

These magnets are used in many things, including electric vehicles.

TVS is trying to find new ways to get these magnets to keep making their products.

Other companies, like Bajaj Auto, are warning that they may have to stop making things if they can't get these magnets.

Despite the concern, TVS is doing well and making more money because they are selling more scooters.

Sources