Volvo Group and Daimler Trucks are taking steps to secure rare earth supplies. Concerns arise from China’s export regulations. Daimler Trucks increases inventory, learning from the chip crisis. Volvo Group seeks alternative sources. Both companies aim to reduce dependence on these minerals. They are navigating the supply chain to avoid production disruptions. The companies are closely monitoring the situation.
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European truckmakers stockpile to deal with Chinese rare-earths crunch
