Illustration: Tarun Kumar Sahu/Mint
10 min read . 20 Apr 2025
- Auto component suppliers Greaves Cotton, Tube Investments and Pinnacle Industries have suffered combined losses of close to ₹1,600 crore since they began their EV journey. The auto components industry is worth ₹6.14 trillion, and all three companies have made plenty of money there. So, why change?