<ul><li>China imposed restrictions on the export of rare earth magnets used in car production, causing chaos in the auto industry.</li><li>Global carmakers are dealing with supply chain disruptions and potential production shutdowns due to the restrictions imposed by China.</li><li>China dominates rare earth magnet production and plays a significant role in the global supply chain, impacting car manufacturers like Tesla, BMW, Mercedes-Benz, Ford, and Suzuki.</li><li>Various automakers are exploring alternative solutions and closely monitoring the situation to mitigate the rare earths supply shock affecting the industry.</li></ul>

China is flexing its supply chain muscles — and the auto industry is freaking out

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