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EV theme: Auto OEMs vs ancillaries: BNP Paribas analyst Kumar Rakesh explains how to play the EV theme

Kumar Rakesh says: " While the market share of individual companies may have changed materially, pace of increase in the total share of the current top four companies has significantly slowed down in the recent months. That suggests to us that the bulk of the consolidation of the e2W industry is done. "

Indian auto component makers celebrate record profits, but future worries could spoil the party

India’s auto component manufacturers are an overjoyed lot these days. At a total turnover of 5.6 lakh crore rupees for the last financial year, growth has been at its highest ever, at an impressive 32.8 per cent.

Driving towards a green future, together - Government, consumers, and manufacturers collaborate for EV adoption in India

New Delhi [India], April 15 (ANI/NewsVoir): The Green Revolution in the 1960s was a significant event that shaped the destiny of millions of Indians through technology and innovation. A natural shapeshifter, technology is rewriting the history again. It is causing a similar disruptive revolution in the mobility sector. The current green mobility revolution has the potential to transform transportation and mitigate the impacts of climate change by reducing dependence on fossil fuels. India is currently experiencing significant changes in its mobility landscape as it strives to become a leader in climate change mitigation efforts. As one of the world's fastest-growing economies, the country is committed to addressing the challenges posed by climate change and rapid urbanization by transitioning towards sustainable mobility. We were ranked as one of the high performing countries for our climate change performance during the COP27 conference held last year. This commitment to shaping a

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