'Transition to electric Vehicle not like Aadhaar, printing cards'

'Transition to electric Vehicle not like Aadhaar, printing cards'

Changing from conventional two-wheelers to 100% electric is "not like Aadhaar, not a software and print cards"

AgenciesUpdated: Monday, June 24, 2019, 10:10 PM IST
article-image

New Delhi: Changing from conventional two-wheelers to 100% electric is "not like Aadhaar, not a software and print cards" and such transition is completely uncalled for, says TVS Motor Co Chairman & MD Venu Srinivasan said. "You have to set up a whole supply chain, and migrate from the current supply chain," he said.

The country's largest two-wheeler maker Hero MotoCorp said it is "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), especially 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."

It further said mandating a new technology by banning the existing one is likely to jeopardise the industry. Srinivasan said,"we will take four months to come with a plan. The plans will start with one city (that has the highest number of two-wheeler population) and that too, to a percentage of one city and migrate over a period of time."

Asserting that a "black or white, zero-one change" is not possible "with 20 million vehicles, $15 billion in sales, one million employees", he said and added that "the whole thing is not thought through. I hope saner thoughts will prevail and people will think through the real implications of all this."

Bajaj Auto Managing Director Rajiv Bajaj said "we believe 100% transition is completely uncalled for". Srinivasan also asserted that "changing to batteries running on thermal power will not reduce one iota of pollution."

RECENT STORIES

Bridging The Gap: How Technology Transforms Regulatory Compliance In Finance

Bridging The Gap: How Technology Transforms Regulatory Compliance In Finance

Mastering Network Operations: A Deep Dive Into Professional Growth In The Tech Sector

Mastering Network Operations: A Deep Dive Into Professional Growth In The Tech Sector

Mumbai: Sustainable Housing Gives Real Estate Sector A Boost In MMR

Mumbai: Sustainable Housing Gives Real Estate Sector A Boost In MMR

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges