
From red to black: India's top automakers see EV business turning around
Published on: June 2, 2025, midnight | Source: Livemint
The EV business of top car makers Tata Motors and Mahindra and Mahindra (M&M) are already operationally profitable–a crucial milestone towards full profitability–even as Hyundai Motor India said its flagship EV is per-unit profitable.