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Volume ramp up, robust supply chain: What Bajaj and TVS can do to make EV biz count, ET Auto - Vimarsana News

Volume ramp up, robust supply chain: What Bajaj and TVS can do to make EV biz count, ET Auto

Bajaj And TVS Motor: Margin gains and volume share within the overall product portfolio of EVs are still small. And the EV production lines of the ICE OEMs continue to run from the profits they make by selling petrol scooters and motorcycles. This was despite subsidies which have been available under the government’s FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme, the second edition of which ends in March this year.

Bajaj and TVS Motor: Volume ramp up, robust supply chain: What Bajaj and TVS can do to make EV biz count - Vimarsana News

Bajaj and TVS Motor: Volume ramp up, robust supply chain: What Bajaj and TVS can do to make EV biz count

Margin gains and volume share within the overall product portfolio of EVs are still small. And the EV production lines of the ICE OEMs continue to run from the profits they make by selling petrol scooters and motorcycles. This was despite subsidies which have been available under the governments FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme, the second edition of which ends in March this year.