Can India reduce the EV industry's dependence on rare-earth magnets?

A Bengaluru-based startup, Volektra, has patented a rare-earth-free electric motor that could offer an alternative to conventional EV motors. Since China dominates the global supply chain for rare-earth materials used in electric vehicles, this innovation has attracted significant attention.

In this video, we explore:

• ✅ What Volektra's patented technology is
• ✅ Why rare-earth magnets are so important for EVs
• ✅ China's dominance in the rare-earth supply chain
• ✅ How a software-defined electric motor could work
• ✅ Whether this innovation could become a game-changer for the global EV industry

Important: This video presents verified information about th ...