Forming a new entity or global alliance: What works best for Maruti, M&M, Tata’s EV drive?
Automobile

Forming a new entity or global alliance: What works best for Maruti, M&M, Tata’s EV drive?

By Eduardo Saverin

Synopsis

Automakers have taken to various strategies to up their EV game. While some are setting up a separate EV subsidiary, others are inking global alliances or creating dedicated inhouse verticals for green mobility. The jury is still out as to which is the better way to achieve electrification.

India’s Motown has a new debate around electric vehicles (EVs). And it’s not about electric scooters going up in flames. The argument nowadays is on whether automakers should have a separate subsidiary for EVs. While the government wants to have an EV sales penetration of 30% for private cars by2030, traditional automakers are adopting different strategies to up their game. Some are looking to create a separate EV identity. Others are taking the

BY

  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Automobiles News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.

Eduardo Saverin