Tata is 100% correct on EVs, there is no competing tech to EVs, another 5 years hybrid is dead. EV sales is not converting to Hybrids, petrol and diesel car sales is converting to Hybrids. What you need to understand is that for a long time EV research and sales volumes were going anywhere. EV tech is not something that grew organically. i know today, hydrogen research is not seemingly going anywhere.
Source: The Hindu May 13, 2024 05:36 UTC