
Electric vehicle (EV) sales in India have hit a record monthly high, but does the growing EV market offer a profitable opportunity for investors? While rising adoption creates long-term growth potential, intensifying competition could put pressure on margins, especially for standalone EV companies. G Chokkalingam, Founder & MD, Equinomics Research, explains why established automobile manufacturers may have an advantage, using profits from their traditional businesses to strengthen their EV operations. The discussion also looks at EV investment opportunities, competitive pressures and why investors should distinguish between economic growth themes and sustainable stock market returns. Like, Share, and Subscribe to Business Today.