This Startup Can End China’s Grip on Global EV Supply Chain | Bhaktha, Chara Tech
China processes nearly 90% of the world's rare earths.
Rare earths are hidden inside everything from EVs and smartphones to fighter jets, making them one of the most critical materials powering the modern economy.
When China restricted rare earth exports in April 2025, the world saw the huge risk of depending on a supply chain controlled by a single country. For Bhaktha Keshavachar, however, it was validation of a bet he had made 6 years earlier.
After exiting Ezetap, Bhaktha founded Chara Tech to create electric motors that don't need rare earth magnets at all. The journey was anything but…
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