Electric Car Watch #9: Where is the Strom-R3 electric car?
Plug In India
DECEMBER 21, 2021
As there are no dealers, and all sales will happen directly with customers, assuming a margin of a lac rupees per car, that will be Rs 20 CR profit per annum if Strom manages to sell 200 cars each year. They will need regular cash flows that can be ploughed into RnD, new vehicle designs, vertical integration efforts, and so on.
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