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JSW walking away from electric cars: On hindsight, was it a wise decision?
Apr 04:
Was it wise, after all, for JSW, to walk away from building cars?
Yes, electric cars are now significantly more expensive than conventional cars
8But a tipping point is around the corner
8The latest calculations made by one of the Big Four Consultancies has predicted a 2-3% profit margin for electric cars in comparison to conventional cars by the year 2025.
8That is only 7 years from now
8Who knows? May be JSW would have been better off with electric cars than with more thermal power capacity that money spared from going electric will be used to buy up?
Click on Reports for mor
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Yes, electric cars are now significantly more expensive than conventional cars
8But a tipping point is around the corner
8The latest calculations made by one of the Big Four Consultancies has predicted a 2-3% profit margin for electric cars in comparison to conventional cars by the year 2025.
8That is only 7 years from now
8Who knows? May be JSW would have been better off with electric cars than with more thermal power capacity that money spared from going electric will be used to buy up?
Click on Reports for mor
