Amar Sheth from FADA and Abhishek Gaoshinde, Deputy VP-Research, Sharekhan discussed the growing electric vehicle (EV) market. They highlighted the increase in EV adoption despite a small base and pricing concerns, with more product launches expected to drive growth. They also noted that while Tata Motors and Mahindra lead the passenger vehicle segment, competition is intensifying, and the two-wheeler market is consolidating with top players gaining market share.
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