Endurance Tech: Can Battery Packs, Ather and a Large US EV OEM Drive Its 1,724 Cr EV Order Book?
India, July 13 -- In India, the automobile components industry is currently going through a phase of structural change with the changes in demand dynamics owing to trends such as electrification, premiumisation, localisation, and China-plus-one sourcing. Even as traditional two-wheeler components continue to form the crux of the industry, companies that have capabilities in technologies such as EVs, electronics, aluminium casting, and advanced braking systems are set to benefit in the long term.
Endurance Technologies has placed itself at the crossroads of various growth drivers, considering its total order book from the EV segment comes to Rs 1,724 crore. With a market cap of Rs 38,000 crore, the shares of Endurance Technologies Ltd ar...
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