One reason that conventional vehicles are so profitable at the moment is precisely that investment in them is being wound down. Product lines are getting simplified and RD pared back. That reduces the cost base and lifts profit margins — but if transition to EVs gets delayed, IC engine product offering risk becoming stale
One reason that conventional vehicles are so profitable at the moment is precisely that investment in them is being wound down. Product lines are getting simplified and RD pared back. That reduces the cost base and lifts profit margins — but if transition to EVs gets delayed, IC engine product offering risk becoming stale One reason that conventional vehicles are so profitable at the moment is precisely that investment in them is being wound down. Product lines are getting simplified and RD pared back. That reduces the cost base and lifts profit margins — but if transition to EVs gets delayed, IC engine product offering risk becoming stale Moneycontrol Latest News Read More
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