Here's Why Maruti Is Not Participating In The EV Race

When we talk about change, EV is at the top of the list.

Over the weekend, I was reading a blog by my favourite author, Morgan Housel. I came across an interesting conversation which the author's friend had with Warren Buffett during the backdrop of 2008 global financial crisis.

The author's friend was driving around Omaha with Buffett in late 2009. The global economy was crippled at this point, and Omaha was no exception. Stores were closed and business shut down.

The authors friend asked Buffett, "It's so bad right now. How does the economy ever bounce back from this?"