Given that 95% cars sold in India are below 10lacs price and car penetration is lowest in India.
22 per 1000. China 164 and usa 1269.
What do u think, EVs are the future and tata motors will soon hit 1000 inr share price due to future growth potential?
PS - Recently tamo beat maruti in mcap
Our charging infrastructure is not there yet. The limited amount of rare earth metals and low recycling makes me question ev future. Franky I think we should keep the alternative of hydrogen cars. Bully car makers to give up their hydrogen car patents - throw some tens of billions at it to see if it becomes viable. Probably will work for buses and trucks atleast.
Also why does burgerland has 1269 cars per 1000 people?
Following are the few reasons that came into my Insites
2.Electric Cars might be like walking Bombs with Batteries dying early
3.Low Milage
4.EV buyers are younger population w...
