Plus: Is India withdrawing its EV subsidies too soon?
The real estate element of the newsletter is too good! Enjoyed the story a lot
Thank you so much!
Decision in true spirit.
Indeed!
Who is winning in the 3W EV market? Very interesting that the penetration is >50%!
Mahindra, Bajaj & TVS are a few players in this space. The 50% penetration largely comes from the fact that asset utilization in this space is very high, which makes the economics of running a EV 3W pretty straightforward.
You should read this research - https://ieefa.org/resources/incentives-adoption-decadal-review-indias-ev-subsidy-effectiveness#:~:text=Electric%20three%2Dwheeler%20cargo,due%20to%20bigger%20batteries.
The real estate element of the newsletter is too good! Enjoyed the story a lot
Thank you so much!
Decision in true spirit.
Indeed!
Who is winning in the 3W EV market? Very interesting that the penetration is >50%!
Mahindra, Bajaj & TVS are a few players in this space. The 50% penetration largely comes from the fact that asset utilization in this space is very high, which makes the economics of running a EV 3W pretty straightforward.
You should read this research - https://ieefa.org/resources/incentives-adoption-decadal-review-indias-ev-subsidy-effectiveness#:~:text=Electric%20three%2Dwheeler%20cargo,due%20to%20bigger%20batteries.