VBL Q2 2024 Results

Yes, more efforts are needed to curb pollution across all cities in India, as using EV may not be possible for all.
Air Pollution awareness is very poor in India which acts as a major opponent for efforts made by authorities.
I am personally not using any private vehicle for the past several years as I mainly work from home or need to visit offices for few days in a month. At personal level, I have used private vehicles only when required, but I do not see people doing the same.

Anyway, being an investor earlier in Auto stocks, I believe that, there is long runway for Auto companies ahead specifically in Hybrid, CNG and Hydrogen or EV vehicles.

Yes , Car penetration in India is very low when compared with other developing / developed nations and there is no denying the convenience of private cars over public transport.

EV CNG/CBG & Flexi Hybrids, Hydrogen will have definite Roles to play in fighting city pollution levels in future days

But our City traffic planners also need to proactively plan for Ring Roads, Flyovers, Metro’s which would decongest most cities and I think there are lot of efforts being put towards this.

Delhi is bad because of stubble burning by farmers community in 4 states namely Punjab, Hariyana, UP, Rajasthan within a radius of 50 kms surrounding Delhi.

Especially in winter , when the ground level temperature drops , atmospheric inversion takes place and there is a blanket of heavy pollutants remaining at ground level.
The solution which is being implemented is to utilise this stubble for producing 2G ethanol in stead of burning. Another solution is to decompose stubble there in the field itself to produce Fertiliser for the land. The implementation seems to be slow., as the extent of work needs to be done requires a lot of capital.

Mumbai is well placed to face the pollution level since it is surrounded by Sea and by land breeze the pollutants can be carried over to Arabian Sea

To make good money earnings has to increase with it if growth comes back then there will be pe expansion, since for the last 5 years there was no growth valuations are undemanding at 20 pe, Ather has production capacity of 420000 vehicles which they are planning to build a new factory outside TN so demand seems to be not a problem considering their capex plans, also they have stopped freebies, free charging at ather grid and paid connection plans to connect phone with scooter so they are although not making a profit due to growth, their margins should be high considering their premium positioning, also hero is available at around USD8bn I am considering Ather atleast at 1bn USD value and their stake in it is around 34% considering the compulsary convertible preference shares issued to hero their stake could be around 50% at 500mn USD atleast.