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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The auto components maker has the product range, customer base and allied businesses needed to ride the transition to electric vehicles.
In the last two days, I have had long discussions with a couple of auto analysts on what could be identified as early success stories among listed Indian companies in the electric vehicles space. The names that came up repeatedly during the conversations were, of course, those of Tata Motors and TVS Motor Co. The former, because it has sold the most electric four-wheelers in the country, and the Chennai-based two-wheeler maker because it has made it to the top five in EV sales within months of launching its iQube scooter.
Tata Motors’s best-selling Nexon EV has a 5-6 month …
A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.
The EV maker is turning to gig-worker rentals to absorb its scooter output. But questions on cost, competition and execution make its latest pivot uncertain.
