Volume ramp up, robust supply chain: What Bajaj and TVS can do to make EV biz count
Margin gains and volume share within the overall product portfolio of EVs are still small. And the EV production lines of the ICE OEMs continue to run from the profits they make by selling petrol scooters and motorcycles. This was despite subsidies which have been available under the government’s FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme, the second edition of which ends in March this year.
Tags : Bajaj and TVS Motor tvs bajaj tvs motor company rakesh sharma TVS shift to EV Bajaj shift to EV 2W shift to EVs K N Radhakrishnan SMEV Subsidies
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