In the last few years e-vehicles making a record jump in the market.
Even Ather Energy itself recorded 5 times hike in its revenue of FY 22.
But still EV industry is way behind from where it should be, due to only one reason, i.e. supply chain.
Various raw material are required to make an EV and due to Global shortage and geo-politics the supply chain is hunting Indian industries.
“was hoping to break even later this year itself. I would add a few quarters to that now” Ather’s CEO said.
But supply chain is something that Indian policy makers must take care of ASAP.
However “Make in India” is contributing much into it but it still need to be at a higher scale.
Hope you find worth spending time here.