TVS, Bajaj Come Out To Oppose Centre’s Plan To Electrify Two, Three-Wheeler Sector; Say Deadline Is UnrealisticE-Rickshaws in India (representative image) (Sanchit Khanna/Hindustan Times via Getty Images)

Rivals Bajaj Auto and TVS Motors have come out in opposition against the government's proposal to impose shifting of all two and three-wheelers to be electric/ battery powered in the next few years, the Economic Times reports.

The government is proposing to set up a deadline of 2023 and 2025 for three wheelers and two wheelers respectively to support vehicles up to 150cc engine capacity to be electrical engine based.

The proposal has however seen a stern opposition from the two motorcycle manufacturers as they conclude the transition is unrealistic given the short period as a deadline.

Commenting on the same, Chairman of TVS Motor Srinivasan said: “To force an unrealistic deadline for mass adoption of electric two and three-wheelers will not just create consumer discontent it (also) risks derailing auto-manufacturing in India that supports four million jobs.”

The market for the three-wheelers for the year 2019 is projected at 7,00,000 units and for two-wheelers below 150cc is projected at 19 million units with a market value of Rs one lakh crore.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Advertisement