Here's what most people miss about Renault's EV push: Despite rising EV sales, their operating...

Here's what most people miss about Renault's EV push:

Despite rising EV sales, their operating margin fell. This highlights the EV profitability paradox: OEMs must invest in future tech, even if it initially erodes current margins. For Indian auto players, expect similar margin pressure as you scale EV production. It's a strategic long game, not a short-term profit play.

https://auto.economictimes.indiatimes.com/news/passenger-vehicle/renault-to-ramp-up-ev-offensive-as-sales-climb/128553761