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

June 4 Expiry Date Of BJD Govt In Odisha, BJP CM To Take Oath On June 10: Narendra Modi

Berhampur: Prime Minister Narendra Modi on Monday said that June 4 is the expiry date…

May 6, 2024

With Lord Ganesh By Her Side, Indian-Origin Astronaut Sunita Williams Set To Fly Into Space Again

New Delhi: Indian-origin astronaut Captain Sunita Williams, is ready to fly into space once again,…

May 6, 2024

[Watch] ED Recovers Mounds Of Cash From Jharkhand Minister Alamgir Alam’s Aide’s Home

New Delhi: A mountain of cash amounting to Rs 20 crore and counting has been…

May 6, 2024

Puri Jagannath Temple To Remain Closed For 4 Hours Today

Puri: Shree Jagannath Temple in pilgrim town of Odisha Puri will remain out of bounds…

May 6, 2024

Fact Check: Have Ananya Panday & Aditya Roy Kapur Broken Up?

Mumbai: Ananya Panday and Aditya Roy Kapur were one of the most talked-about couples of…

May 5, 2024

Odisha Polls: Former MLA Jagneswar Babu Joins BJP In Balangir

Balangir: Former MLA Jagneswar Babu, who left Congress recently, joined Bharatiya Janata Party in Odisha's…

May 5, 2024

PM Modi Offers Prayers At Ram Mandir Before Mega Ayodhya Roadshow

Ayodhya: Prime Minister Narendra Modi held a grand roadshow here on Sunday evening after offering…

May 5, 2024

Odisha Polls: Cong Candidate For Puri Assembly Seat Uma Ballav Rath Assaulted

Puri: Congress' candidate for Puri Sadar Assembly constituency in Odisha Uma Ballav Rath was allegedly…

May 5, 2024