Caution don’t go long on and passenger car sector especially Maruti or Mahindra or Tata motors. Electric vehicles are set to disrupt the sector which will be historic. It will be like old roll film camera to digital cameras or landline to mobile. The shift will be so disruptive that distributors will not be
able to sell fuel cars once electric cars hit the Indian market. It will be revolutionary in nature and yes fuel cars will not be preferred even second hand. Electric cars like Tata Motors Altroz ev Nissan’s leaf will be some of the first to hit the Indian markets. Just stay from pessenger car sector for two years. Those holding long term positions should book profits immediately. Right now Tata’s seem to be claiming leadership spot in ev segment as well as win win for Tata Power company. If Tata motor launches Altroz ev and Jaguar I pace ev in this year the condition of all car companies will be just like all telecom companies with Jio launch such will be the disruption in this sector. Happy investing !
able to sell fuel cars once electric cars hit the Indian market. It will be revolutionary in nature and yes fuel cars will not be preferred even second hand. Electric cars like Tata Motors Altroz ev Nissan’s leaf will be some of the first to hit the Indian markets. Just stay from pessenger car sector for two years. Those holding long term positions should book profits immediately. Right now Tata’s seem to be claiming leadership spot in ev segment as well as win win for Tata Power company. If Tata motor launches Altroz ev and Jaguar I pace ev in this year the condition of all car companies will be just like all telecom companies with Jio launch such will be the disruption in this sector. Happy investing !
