Divide Electric Vehicle Industry
– main companies – Mahindra and Mahindra has already Reva and Hero Motor Corp has few 3 wheeler.
1. Auto auxiliary companies
2. Battery companies
– already ntpc, bescom gov companies will take lead.
4. Companies which are making components related to fuel will be affected
5. Lithium Ion Battery still imported, exide is trying to get it
6. Auto components would be lesser then current.
7. Large companies won’t get impacted due to EV shift.
8. Battery equation is main crux of whole ev industry.