EV including we had technology more than 50 years. The question is how actively they are pushed now. Gadkari is pushing for 15% blend of Methanol in Diesel to reduce logistics cost. I can now say that for sure OEMs are testing this already. I am not making a political statement here but Gadkari is a go getter( Direct jump from BS4 to BS6 , Ethanol blend increase are examples) …he will go for it given the same portfolio if this same party comes to power. I wouldn’t say one needs to invest now but just keep this in mind. That’s exactly how I caught Praj earlier when the news of Ethanol blend increase appeared some where in some news article. It took almost a year for this news to catch attention of investors and then sugar stocks and Praj started moving rapidly. Just my thought. Counter arguments why this Methanol blend will not take off is most welcome…
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