Agree with the thought .
I had taken an initial smll position in Amara Raja for the same ( which now i sold off for small gains) with the same thoughtd.
However, whne scratching the surface , i realised/ interpreted that there is a long way to actually arrive at tangible outputs as the players maybe subject to intense competition amidst their own capabilities juxtaposed with midway challenges in form of upcoming research which may sway the flavour in batteries which would get adopted by the time thier plants are commissioned.
Secondly, there seems to be this race between the cleaner energy fuel types in terms of green hydrogen, EV or ethanol based fuels; ie which ones would hit the trigger faster( given research is on all such directions) .
Agreed as of now EV is the theme dominant, but as globally sales of EV seem to be getting impacted as per recent reports, i feel this also is a consideration.
I dunno if what i wrote makes sense , but thought of putting it for review to learn about the topic.
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