When another industrialist piped in that this resistance would have to factor in a global push by governments to develop electric vehicles (EVs), one of the auto men replied, “We shall see, we shall see." Citing its intent to curb rising pollution in cities and over dependence on crude imports, the Narendra Modi government—through NITI Aayog—has set a deadline for two-wheeler manufacturers to shift to electric powertrains. Ltd—an electric scooter manufacturing startup, while other manufacturers have been relying mostly on in-house technologies. Some of the startups have already started to invest in manufacturing electric scooters," said a senior bureaucrat in one of the ministries associated with formulating policies related to EVs. Ltd is also gearing up to launch its electric scooter in India through its own dealerships in the next few months.
Source: Mint July 02, 2019 17:15 UTC