New Delhi, Oct. 29 -- India's electric-vehicle (EV) makers are beginning to answer a question that has shadowed the industry for years: can EVs make money? The ongoing earnings season suggests they can, as rising sales and maturing products improve economics and ease the financial burden of scaling up.

Mint takes a look at how the industry seems to have reached a critical point from where EVs have a clear path to make money.

The latest earnings season offers fresh evidence that electric vehicles can make money. Ather Energy reported its first-ever net profit in fiscal second quarter (Q2FY27), while Bajaj Auto said its electric scooters and three-wheelers are generating double-digit positive Ebitda margins, helping cushion the impact of ...