Week 4 · Essay
Coming · Mon, Jun 15
Where the next generation of EV winners will emerge
Unsolved problems, contrarian theses, and what's being mispriced in the current funding environment.
SECTOR · 01
Live · publishing nowEV Infrastructure
We think the next decade of Indian mobility is being built outside the metros — and the picks and shovels are the durable bet.
45-day editorial cycle
May 23 – Jul 3, 2026
W1
Macro
W2
Unit Econ
W3
Landscape + Interview
W4
White Spaces
W5
Flagship Report
W6
Recap + Panel
The essays.
Five essays · Monday mornings
Week 1 · Essay
Published · Mon, May 25
The installation era is over. India's EV charging story is about utilization now.
India installed 30,000+ public EV chargers. The businesses doing it are losing money. Here's why the installation era is ending — and what the utilization era means for founders.
Read the essay →
Week 2 · Essay
Published · Sun, May 31
The Tier 2 EV map nobody is drawing
The fastest-growing EV adoption in India is in Tier 2 industrial clusters, not metros. Eight clusters. Three implications. One flag planted.
Read the essay →
Week 2 · Essay
Published · Mon, Jun 1
The Bottomline Teardown: Metro CPO vs Tier 2 fleet depot, side by side
3–4× the capex for similar revenue, with negative EBITDA on one side and 15–35% margins on the other. The gap is structural.
Read the essay →
Week 3 · Essay
Published · Sat, Jun 7
The EV infra landscape: 5 categories, 40 companies, 3 that are actually profitable
40 venture-funded companies operate in Indian EV infrastructure today. Three are profitable. Our honest map — five categories, the leaders in each, and the unflattering truth about which ones actually generate positive operating cash flow.
Read the essay →
Week 6 · Essay
Coming · Mon, Jun 29
Recap: what we learned, what we got wrong
Six weeks in, where we stand on our EV thesis and what we'd change in earlier pieces with the benefit of hindsight.
The big one.
Week 5 · 30 pages · free, no email gate
Releasing Mon, Jun 22
The Bottomline EV Infrastructure Report
A 30-page sector breakdown — full landscape, the Bottomline Scorecard, three teardowns, and our white-space theses. Free PDF download.
Reserve a copy →On camera.
Two conversations · 25–45 min each
Week 3 · Operator Interview
Operator interview — a charging network founder
A 25-minute conversation with an operator running infrastructure across Tier-2 cities. Lessons from the front line.
Coming · Fri, Jun 12
Week 6 · Panel Discussion
Panel: Where we might be wrong on EVs
A 45-minute internal debate with two outside operators on the assumptions we're making — and the ones we're afraid of.
Coming · Fri, Jul 3
Building in EV Infrastructure?
Three lines is enough. Real revenue, real customers, real numbers. Get it in before this cycle wraps — we're paying close attention right now.