electric vehicles

“In four wheeler, ADAS is already very common and level three autonomy is going to happen. Yes, level five will become very hard in India, but level three is easy, relatively. Those things are going to happen if you are an electric by default vehicle.”

“Now this is going to go away because the vehicle doesn't require any maintenance. It doesn't require any replacement of parts. So how do you make money? You can't engage with a dealer whose primary job was not to sell. You don't make much money in selling the …”

“Every customer that we used to meet would love electric. They believed this was the future. They were big supporters, believers, everything. Every single one of them hated the EV that they bought.”

“We realized OEM signed two camps, Either they're very smart, and they know that we won't have EV. Ok. EV is still like a 10 year old story, later story. Or they're idiots, and they think importing from China is a brilliant strategy.”

“In fact, I think electrification, electric vehicles, because of the amount of lead India has, Is going to create one of the first waves of genuine platform builders on hardware in India after a very long time.”

“Long term, I do think that electric vehicles are not going to make money on servicing. They just can't. And as quality improves for each of, each one of us, their number will drop even further. I think long-term electric vehicles will have to make money on som…”

“And now the next big aspiration for every middle class Indian will be to own an electric vehicle.”

“So your current exports that you're looking at, whether it is lithium ion batteries, whether it is EVs all of that is a product of this, that you have shifted that flow of capital to these domains.”

“Today, the cost of electric vehicles is lower than the cost of petrol and diesel vehicles.”

“Today you go to Beijing, all their buses are electric. All the two-wheelers are electric. 54% of the cars that they're buying are electric. All the thermal power plants, the coal-fired power plants have been taken far away from Beijing. And all the polluting i…”