Some are transforming better than others to stay relevant in the EV space: 6 auto ancillary stocks with up

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Business NewsMarketsStocksNewsSome are transforming better than others to stay relevant in the EV space: 6 auto ancillary stocks with upside potential of up to 32%..

These auto ancillary units are dependent on their main buyers..

So, for an auto ancillary company which has been supplying to TVS, Tata motors the process of transformation started a long time back but for some other where the major buyer has not even launched a single EV model, transition has been slower..

In this space the companies and their management can be divided into 4 categories, first players who were quick enough to understand and started work on this year's back..