India

Scooter & Bike Makers In India Very Unhappy! Here’s Why

By
OB Bureau

Two-wheeler majors like Bajaj Auto, Hero MotoCorp and TVS are fuming over the government’s push for electric vehicles (EVs).

Niti Aayog has asked scooter and motorbike manufacturers to draw up a plan to switch to EVs, news agency Reuters reported. The deadline to come up with the plan is two weeks, the report quoted unnamed sources as saying.

Niti Aayog officials came with this order during a meeting with executives from two-wheeler companies late on Friday, according to one of the executives at the meeting.

The central think-tank, which is chaired by Prime Minister Narendra Modi and plays a key role in policymaking, had recommended that only electric models of scooters and motorbikes with engine capacity of more than 150cc must be sold from 2025.

Automakers have opposed the proposal and warned that a sudden transition, at a time when auto sales have slumped to a two-decade low, would cause market disruption and job losses.

OB Bureau

Recent Posts

Pakistan On The Boil Again: ‘Shoot At Sight’ Ordered As Rally For Imran Khan’s Release Turns Deadly

Islamabad: The Shehbaz Sharif government on Tuesday deployed the Army in Islamabad along with 'shoot…

November 26, 2024

Marine Fishing Ban In Odisha’s Puri For Navy Day Celebrations

Puri: All fishing activities have been banned in the sea in Odisha’s Puri district for…

November 26, 2024

Deep Depression Likely Over Bay In 12 Hours; Check Possible Track & Intensity

Bhubaneswar: The Depression over southwest Bay of Bengal is likely to move nearly north-northwestwards and…

November 26, 2024

Odisha Assembly Adjourned Till 12:25 PM Amid Ruckus Over Mango Kernel Deaths

Bhubaneswar: The winter session of Odisha Assembly began on a stormy note as the House…

November 26, 2024

President Murmu Unveils Rs 75 Commemorative Coin; Significance Of ‘Samvidhan Diwas’ On Nov 26

New Delhi: President Droupadi Murmu released commemorative coin of Rs 75 denomination and stamp dedicated…

November 26, 2024

Income Tax Officials Raid Mining Company Offices In Odisha

Bhubaneswar: Income Tax Department officials conducted simultaneous raids on multiple locations linked prominent mining company…

November 26, 2024

CM Mohan Majhi Leads Odisha In Celebrating Constitution Day; Padyatra Held In Bhubaneswar

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi led the state in celebrating Constitution Day on…

November 26, 2024

Eknath Shinde Asks Supporters To Avoid Gathering At ‘Varsha’ As Suspense Over Maha CM Continues

Mumbai: Amid suspense over who would head the next Mahayuti government in Maharashtra, Shiv Sena…

November 26, 2024