KPIT Technologies Limited CC-Sep23.pdf
31 Oct 2023
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My first question is on what we are hearing broadly. There are a lot of these news reports around VW, GM, and Ford halting production of EVs citing low demand, Ford losing over $36,000 per car, and GM & Honda having scrapped a $5 billion joint initiative to develop affordable EVs, and so on and so forth. And there are some reports on shifting focus to hydrogen.
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