Will Praj retain its multibagger stock status when EVs rule the roost?

As the demand for electric vehicles (EVs) increases, the companies that operate in industries directly or indirectly related to traditional fuels have been under pressure. Unless they change their strategy to alternative fuels, their mere existence could be questioned more and more as the world shifts to renewable sources of energy. Does that mean companies like Praj Industries, which rely on traditional vehicle usage, become extinct so