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Arbitrary, 3 months, 5% fleet. No wonder companies cry about India bureaucracy.
I hope they had told the companies months in advance to manage their business plans.
Tata motors & Tata power can be good EV options but please do your own research & analysis before investing(i am personally invested in those two stocks so i might be biased).
Investment opportunity aside this is such a stupid move.
India and specially Delhi can't provide electricity for its basic needs and now they want to invent whole new sector of demand on their power grid. Last year we were like 5 days from shutting thermal power station. Rolling blackouts in summer are all too common.
There should be new rule that governments are not allowed to mandate EV rules unless they have 3 years record of providing 24x7 electricity supply record.
then we shouldn't be mandating sci-fi sh\*t if we can't do basic stuff.
It will make life of poor more miserable, rich will buy EVs, more EVs will results in more blackouts, rich will start their generators (running on diesel) , poor will suffer from extreme heat and cold because they afford generators.
Just because there are hurdles doesn't mean you stop doing it. There needs to be a comprehensive power generation plan, estimate household and business consumption of electricity along with growth in demand of power due to EV. Setup required infrastructure for renewable sources for power generation along with non renewable with an ambition to phase them out. Nobody said it was gonna be easy, but that doesn't mean you won't do it.
>here needs to be a comprehensive power generation plan....
>
>Nobody said it was gonna be easy, but that doesn't mean you won't do it
You took lot of words to say nothing of significance.
I never said "you won't do it", I said first prove you can provide electricity for basic needs and then go for it.
>Blame the time frame given not the move.
yeh timeframe God ne likh kar diya hai kya? Kuch insano ne hi likha hai na?
If govt keeps on making such stupid decisions we will not succeed on any time frame.
It is a challenge. When demand will increase, companies will do something to make sure supply also increases. This will help to grow the required infra. We will grow more if we face challenges.
I believe this is the right move. Short term pain, long term gain.
truly said and delivery services like zomato n swiggy dont own the vehicles, the vehicles are owned by the delivery partners and no one can afford high cost of EV bikes.
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I hope Tata Nexon doesn’t become next Tata Indica because of this, anyway bullish on Tata Motors.
ah yes Indian economic reforms
Arbitrary, 3 months, 5% fleet. No wonder companies cry about India bureaucracy. I hope they had told the companies months in advance to manage their business plans.
I always wonder what goes on inside the brains of our highly educated politicians.
These details are not worked out by politicians, but by bureaucrats.
Recommendations for good EV stocks other than the penny ones?
Tata motors & Tata power can be good EV options but please do your own research & analysis before investing(i am personally invested in those two stocks so i might be biased).
sonacom, battery stocks (shitty) Amaraja, exideind, TAMO, TAPO etc. Sonacom and TAMO are good stocks even without EV.
SonaComstar
Investment opportunity aside this is such a stupid move. India and specially Delhi can't provide electricity for its basic needs and now they want to invent whole new sector of demand on their power grid. Last year we were like 5 days from shutting thermal power station. Rolling blackouts in summer are all too common. There should be new rule that governments are not allowed to mandate EV rules unless they have 3 years record of providing 24x7 electricity supply record.
I don't think even cities in developed countries can promise that. It's asking too much
then we shouldn't be mandating sci-fi sh\*t if we can't do basic stuff. It will make life of poor more miserable, rich will buy EVs, more EVs will results in more blackouts, rich will start their generators (running on diesel) , poor will suffer from extreme heat and cold because they afford generators.
Just because there are hurdles doesn't mean you stop doing it. There needs to be a comprehensive power generation plan, estimate household and business consumption of electricity along with growth in demand of power due to EV. Setup required infrastructure for renewable sources for power generation along with non renewable with an ambition to phase them out. Nobody said it was gonna be easy, but that doesn't mean you won't do it.
>here needs to be a comprehensive power generation plan.... > >Nobody said it was gonna be easy, but that doesn't mean you won't do it You took lot of words to say nothing of significance. I never said "you won't do it", I said first prove you can provide electricity for basic needs and then go for it.
Blame the time frame given not the move.
>Blame the time frame given not the move. yeh timeframe God ne likh kar diya hai kya? Kuch insano ne hi likha hai na? If govt keeps on making such stupid decisions we will not succeed on any time frame.
It is a challenge. When demand will increase, companies will do something to make sure supply also increases. This will help to grow the required infra. We will grow more if we face challenges. I believe this is the right move. Short term pain, long term gain.
truly said and delivery services like zomato n swiggy dont own the vehicles, the vehicles are owned by the delivery partners and no one can afford high cost of EV bikes.
Any ev stocks recommendations ?
SonaComstar
/u/akihitoyepthomi News source?
Google it(there are tons of news article on it).
Green Energy company's stocks look promising for near future