- 8 hrs ago EMoS WYLD Electric Cruiser Motorcycle Unveiled: Here Are The Details
- 8 hrs ago BMW R 18 Cruiser Launched In India: Prices Start At Rs 18.90 Lakh
- 9 hrs ago Delhi Government Working On Setting Up 200 New EV Charging Stations Across The City Soon
- 1 day ago Ducati Scrambler 1100 Teased Ahead Of Launch: Will Arrive In Two Variants
- Movies Mayanti Langer To Skip IPL 2020 As The Anchor Welcomes A Baby Boy With Husband Stuart Binny
- News Opposition parties question setting up of PM CARES Fund, allege it lacks transparency
- Lifestyle ICW 2020: Gaurav Gupta's Show 'Name Is Love' Is About Discovering Brave Stories From Young India
- Sports Bagnaia hands second successive Misano pole to Vinales with costly late error
- Technology Oppo Reno 4 Pro Special Edition India Launch Set On September 24: Report
- Finance Public Sector Banks That Offer Best Interest Rate On Savings Account
- Education ICSI Quiz Competition 2020 For Online Current Affairs And General Knowledge
- Travel 10 Best Places To Visit In Andaman and Nicobar Islands In September
India's top three two-wheeler maufacturers, Hero MotoCorp, Bajaj Auto, TVS Motor Co lashed out at Niti Aayog's plan to push for 100 per cent electric vehicle, saying such a transition is completely uncalled for and could jeopardise the industry. They made the statement on Monday.
According to livemint, hey said that that changing from conventional two-wheelers to 100 per cent electric is "not like Aadhaar, not a software and print cards", the companies said concerns of all stakeholders must be taken into consideration instead of imposing adoption of EVs.
Venu Srinivasan, Chairman & Managing Director, TVS Motor Co. said, "This is not like Aadhaar, not a software and print cards. You have to set up a whole supply chain, and migrate from the current supply chain."
Expressing similar thoughts, Hero MotoCorp said, "We are deeply concerned by the potential repercussions of Niti Aayog's approach of completely banning two-wheelers up to 150cc that are powered by Internal Combustion Engines (ICE)."
The Niti Aayog asked auto industry body Society of Indian Automobile Manufacturers (SIAM), and other conventional two-and three-wheeler makers to suggest within two weeks, concrete steps towards transition to electric mobility keeping in mind the 2025 deadline.
Hero MotoCorp said, "The move by Niti Aayog comes at a time when two-wheelers manufactured in India will have the world's cleanest emissions, along with the world's highest fuel-efficiencies, effective April 1, 2020."
"Instead of imposing the adoption of EVs (electric vehicles), it would be ideal to have a healthy mix of policy, market dynamics, and customer acceptability," the company added.
Rajiv Bajaj, Managing Director, Bajaj Auto said, "We believe 100 per cent transition is completely uncalled for".
He had mentioned earlier that the move was impractical and came at the wrong time, considering the scale involved, while stakeholders do not have any meaningful experience with any of the pieces of the EV puzzle and that too a time so close to BS VI implementation.
Mr Srinivasan said, "A black or white, zero-one change is not possible with 20 million vehicles, USD 15 billion in sales, one million employees, the whole thing is not thought through. I hope saner thoughts will prevail and people will think through the real implications of all this."
Hero MotoCorp also said mandating a new technology by banning the existing one is likely to jeopardise the industry.
"Considering the significance of the automotive industry that provides employment to millions and is a significant contributor to the country's GDP, the proposed ban could also have massive consequences on the economy," the company added.
"An abrupt and sudden changeover will disrupt the entire eco-system of vendors, OEMs, dealers, spare parts manufacturers, and mechanics, as well as other stakeholders, thereby impacting the livelihoods of millions of people dependent on the industry," it said.
Appealing to the government and relevant authorities to be carefull about their approach and take into consideration the concerns of all the stakeholders, Hero MotoCorp said, "A phase-wise introduction will not only allow for a smooth transition but also enable all involved parties to understand, accept and if required, make course-corrections in their approach towards EVs."
Thoughts About The Top Two Wheeler Manufacturers Against 100 Percent Electrification
We agree with the manufaturers. Enforcing 100 percent electrification is retarded to say the very least. There are millions that will lose their jobs overnight if the government pushes for this move. We hope they come up with a solution that keeps every one in the game.