Murugappa Group sees EV volumes grow, braces for firm cell prices | Chennai News
Mukesh Ahuja, MD, Tube Investments of India Ltd Chennai: Tightening global availability of battery cells is emerging as a key cost challenge for Murugappa Group’s electric-vehicle businesses, with prices expected to remain firm for at least the next two to three quarters even as improving volumes help narrow losses.“It’s a genuine challenge that we are…
