UBS downgrades Bajaj Auto to sell; says EVs eating into margins, market share

Cost analysis suggests that e-3W margins are entirely dependent on government subsidies and remain significantly lower than ICE 3W margins.

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Cost analysis suggests that e-3W margins are entirely dependent on government subsidies and remain significantly lower than ICE 3W margins. Cost analysis suggests that e-3W margins are entirely dependent on government subsidies and remain significantly lower than ICE 3W margins. Moneycontrol Latest News Read More

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