The increasing adoption of electric vehicles pose a financial risk to India’s leading automotive firms unless they can adapt to the change. The findings of a new report from London’s Imperial College Business School that focuses on how India’s automotive and industrial sectors need to prepare for the impact of EVs (essentially battery electric vehicles or BEVs), also refers to other second order effects of the transition. Even if sales of electric vehicles rise to 25 per cent of all vehicles sold in India (up from around 8 per cent currently), there could be a financial risk to automotive companies...