The Magnetic Squeeze: Rising Motor Costs Threaten the EV Value Chain
Production of traction motors declined by 7.2%, a sharp reversal from the 12.8% growth seen last year.
Shahkar Abidi
21 Jan 2026
While finished steel prices are stable, rising iron ore and coking coal costs threaten to squeeze the margins gained from record production volumes.
Read moreProduction of traction motors declined by 7.2%, a sharp reversal from the 12.8% growth seen last year.
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