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The Bengaluru-based startup is looking to widen its appeal with a more affordable, mass-market product. By doing so, can it take on rivals with deep pockets?

The automaker that virtually created India’s electric car market is forced to offer record discounts, even as rivals surge and competition is set to get fiercer.
Delays, quality complaints and thin deliveries of the Apache RTX 300 risk eroding trust just as India’s third largest two-wheeler maker tries to move upmarket.
While its peers headed for the exit, the fund house doubled down on the falling stock. The contrarian call now looks expensive—and risky.