Automotive Technology firm Sona Comstar expects its revenue share from the electric vehicle segment to touch 50 per cent by FY27, on strong pipeline of orders and an expanding EV market, a top company official said.
The revenue share of the company’s EV segment in the overall topline jumped to 29 per cent in the June quarter from a meagre 2 per cent in FY20, Sona Comstar Managing director and Group CEO Vivek Vikram Singh said.
“As much as 66 per cent of our overall order book pertains to the EV segment. So, it (EV segment revenue) should account for 45 per cent in the overall revenue for sure in the next 3-4 years,” Singh told PTI.
