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River Mobility races to expand—but losses mount in a tough EV market
Primus In News
River Mobility races to expand—but losses mount in a tough EV market
25-04-2025

Nikhil Dhaka, Vice President, Primus Partners, shares his view on the future of EV startups. He highlights that, given the advantage of larger companies in supply chain and distribution, only 10-20% of startups are likely to survive, with the rest expected to be consolidated by bigger players.

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