India calls on scooter and bicycle makers to develop plan for electric vehicles

India’s federal think tank has called on scooter and motorcycle makers to come up with a plan to switch to electric vehicles, days after publicly opposing government proposals saying they would disrupt the industry, two sources said to Reuters.

Niti Aayog officials met with executives from companies such as Bajaj Auto, Hero MotoCorp and TVS on Friday evening, giving them two weeks to work out the plan, according to one of the executives.

The 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 motorcycles with a displacement of more than 150cc be sold from 2025, sources told Reuters.

Automakers opposed the proposal and warned that a sudden transition, at a time when auto sales fell to a two-decade low, would lead to market disruption and job losses.

India is one of the world’s largest two-wheeler markets with sales of over 20 million scooters and motorcycles last year.

During Friday’s meeting, government officials argued that the switch to electric vehicles was of national importance so that India did not miss the global trend towards more environmentally friendly vehicles, said the one of the sources.

But industry leaders responded that premature change without an established supply chain, load infrastructure or skilled workforce in India, could cause India to lose its leading position in scooters and motorcycles, the second source said.

“There were clearly protracted positions,” the source said, adding that there were “strong opinions” at the meeting.

Bajaj, Hero and Niti Aayog did not respond to a request for comment, while TVS declined to comment.

ELECTRIFICATION

Niti Aayog is working with several other ministries on the recommendations, which are part of an electrification effort to help India lower its fuel import bill and cut pollution.

The proposal also includes incentives for local battery production, an increase in the cost of owning gasoline-powered cars and the formation of an old-vehicle disposal policy, according to government meeting records seen by Reuters.

The panel also suggested measures such as ordering taxi aggregators like Uber and Ola to convert 40% of their fleets to electricity by April 2026, Reuters reported.

Executives from electric vehicle start-up Ather Energy, ride-sharing company Ola and officials from the Society of Indian Automobile Manufacturers (SIAM), an industry trade body, also attended the meeting, said. the sources.

The proposals are India’s second attempt to switch to electric vehicles. In 2017, he proposed an ambitious plan primarily for electric cars, but backed down after facing resistance from automakers.

The current push could disrupt the market order for two-wheelers and open up avenues for local start-ups, analysts say.

Scooter and bicycle start-ups like Ather, 22Motors and Okinawa are already emerging in India.

“It is extremely essential that we make the transition to electricity quickly lest we be wiped out by another global wave,” said Tarun Mehta, CEO and co-founder of Ather.


Source link

Piaggio to launch powerful under 200cc Vespa scooter in India

For reference


Piaggio will use its new less than 200cc air-cooled fuel-injected BSVI complaint engine to power its Aprilia and Vespa brand scooters

We have already reported earlier that Piaggio is developing a powerful new motor for the Aprilia scooter. Managing Director and CEO of Piaggio Vehicles, Diego Graffi, recently said in an interview that the company will introduce a less than 200cc engine for the Aprilia scooter in India. Now a new report claims the under 200cc engine can power a new Vespa scooter as well.

Diego Graffi said: “It will be a big leap from what we are currently seeing in the Indian market and we will also give an overview of what might happen in the market afterwards. We are developing the scooter right now and it will be a fully customized Indian development. Everything that we develop in India in collaboration with the R&D center located in Italy, is specifically intended for the Indian market.

Although not much is known about the engine at the moment, except that the new engine will be between 150 and 200cc of displacement. Although the new engine is not exactly a 200cc unit, but still expect it to have a displacement of around 180cc. The new engine will be an air-cooled unit (to reduce the overall cost), conforming to BS VI standard. It will also feature fuel injection technology.

Piaggio to launch powerful under-200cc Vespa scooter in India 1
For reference

The engine will continue to use Piaggio’s three-valve configuration, which is also used in all of their two-wheel engines. Expect the new scooter to arrive around the second half of 2020 or early 2021. The launch of the more powerful Vespa will then be followed by the sub-200cc Aprilia scooter.

Although nothing has been confirmed yet, there is a good chance that the next scooter will be on display at Auto Expo 2020. In addition to the introduction of the new under 200cc scooter, Apiila is currently working on the update. update its current product portfolio to meet future stricter BS VI emission standards. Aprilia also plans to introduce a powerful motorcycle to soon compete with the KTM Duke 200 and RC 200 in India.



Source link

Scooter and bike makers have two weeks to develop electric vehicle plan

During Friday’s meeting, government officials argued that the switch to electric vehicles was of national importance so India does not miss the global trend towards more environmentally friendly vehicles.

Niti Ayog, India’s central think tank, has given scooter and bicycle makers 2 weeks to work out a plan to switch to electric vehicles, sources told Reuters. The ultimatum comes days after Niti Ayog publicly opposed the government’s proposals, saying it would disrupt the industry. Niti Aayog officials met with executives from companies such as Bajaj Auto, Hero MotoCorp and TVS on Friday evening, giving them two weeks to work out the plan, according to one of the executives.

Led by Prime Minister Narendra Modi, Niti Ayog plays an important role in policymaking. Sources told Reuters that the think tank recommended that from 2025 only electric models of scooters and motorcycles under 150cc be sold in India. Opposing the proposal, automakers had warned that a sudden transition like this, at a time when auto sales are at their lowest for two decades, will cause disruption and also result in loss of business. jobs. India is one of the world’s largest two-wheeler markets with sales of over 20 million scooters and motorcycles last year.

During Friday’s meeting, government officials argued that the switch to electric vehicles was of national importance so that India did not miss the global trend towards more environmentally friendly vehicles, said the one of the sources. But industry executives responded that premature change without an established supply chain, load infrastructure or skilled workforce in India could cause India to lose its leading position in scooters and motorcycles, the second source said. “There were clearly protracted positions,” the source said, adding that there were “strong opinions” at the meeting. Bajaj, Hero and Niti Aayog did not respond to a request for comment, while TVS declined to comment.

Get live stock quotes for BSE, NSE, US market and latest net asset value, mutual fund portfolio, see the latest IPO news, top IPOs, calculate your tax Using the income tax calculator, know the best winners, the best losers and the best equity funds in the market. Like us on Facebook and follow us on Twitter.



Source link

Niti Aayog calls on scooter and bicycle makers to develop plan for electric vehicles

India’s central think tank has called on scooter and motorcycle makers to draw up a plan to switch to electric vehicles, days after publicly opposing government proposals saying they would disrupt the industry, two sources said to Reuters.

Niti Aayog officials met with executives from companies such as Bajaj Auto, Hero MotoCorp and TVS on Friday evening, giving them two weeks to work out the plan, according to one of the executives.

The 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 motorcycles with a displacement of more than 150cc be sold from 2025, sources told Reuters.

Automakers opposed the proposal and warned that a sudden transition, at a time when auto sales fell to a two-decade low, would lead to market disruption and job losses.

India is one of the world’s largest two-wheeler markets with sales of over 20 million scooters and motorcycles last year.

During Friday’s meeting, government officials argued that the switch to electric vehicles was of national importance so that India did not miss the global move towards more environmentally friendly vehicles, said the one of the sources. But industry executives responded that premature change without an established supply chain, load infrastructure or skilled workforce in India could cause India to lose its leading position in scooters and motorcycles, the second source said.

“There were clearly protracted positions,” the source said, adding that there were “strong opinions” at the meeting.

Bajaj, Hero and Niti Aayog did not respond to a request for comment, while TVS declined to comment.

ELECTRIFICATION

Niti Aayog is working with several other ministries on the recommendations, which are part of an electrification effort to help India lower its fuel import bill and cut pollution.

The proposal also includes incentives for local battery production, an increase in the cost of owning gasoline-powered cars and the formation of an old-vehicle disposal policy, according to government meeting records seen by Reuters.

The panel also suggested measures such as ordering taxi aggregators like Uber and Ola to convert 40% of their fleets to electricity by April 2026, Reuters reported.

Executives from electric vehicle start-up Ather Energy, ride-sharing company Ola and officials from the Society of Indian Automobile Manufacturers (SIAM), an industry trade body, also attended the meeting, said. the sources.

The proposals are India’s second attempt to switch to electric vehicles. In 2017, he proposed an ambitious plan primarily for electric cars, but backed down after facing resistance from automakers.

The current push could disrupt the market order for two-wheelers and open up avenues for local start-ups, analysts say. Scooter and bicycle start-ups like Ather, 22Motors and Okinawa are already emerging in India.

“It is extremely essential that we make the transition to electricity quickly lest we be wiped out by another global wave,” said Tarun Mehta, CEO and co-founder of Ather.

Read also: GST Council Meeting: Unreduced Electric Vehicle Tax; assembly committee to make a decision

Read also: The government proposes the absence of registration fees for electric vehicles


Source link

Niti Aayog calls on scooter and bicycle makers to develop plan for electric vehicles

India’s federal think tank has called on scooter and motorcycle makers to come up with a plan to switch to electric vehicles, days after publicly opposing government proposals saying they would disrupt the industry, two sources said to Reuters.

Niti Aayog officials met with executives from companies such as Bajaj Auto, Hero MotoCorp and TVS on Friday evening, giving them two weeks to work out the plan, according to one of the executives.

The 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 motorcycles with a displacement of more than 150cc be sold from 2025, sources told Reuters.

Automakers opposed the proposal and warned that a sudden transition, at a time when auto sales fell to a two-decade low, would lead to market disruption and job losses.

India is one of the world’s largest two-wheeler markets with sales of over 20 million scooters and motorcycles last year.

During Friday’s meeting, government officials argued that the switch to electric vehicles was of national importance so that India did not miss the global move towards more environmentally friendly vehicles, said the one of the sources.

But industry leaders responded that premature change without an established supply chain, charging infrastructure or skilled workforce in India could cause India to lose its leadership position in scooters and motorcycles. , the second source said.

“There were clearly protracted positions,” the source said, adding that there were “strong opinions” at the meeting.

Bajaj, Hero and Niti Aayog did not respond to a request for comment, while TVS declined to comment.

ELECTRIFICATION

Niti Aayog is working with several other ministries on the recommendations, which are part of an electrification effort to help India lower its fuel import bill and cut pollution.

The proposal also includes incentives for local battery production, an increase in the cost of owning gasoline-powered cars and the formation of an old-vehicle disposal policy, according to government meeting records seen by Reuters.

The panel also suggested measures such as ordering taxi aggregators like Uber and Ola to convert 40% of their fleets to electricity by April 2026, Reuters reported.

Executives from electric vehicle start-up Ather Energy, ride-sharing company Ola and officials from the Society of Indian Automobile Manufacturers (SIAM), an industry trade body, also attended the meeting, said. the sources.

The proposals are India’s second attempt to switch to electric vehicles. In 2017, he proposed an ambitious plan primarily for electric cars, but backed down after facing resistance from automakers.

The current push could disrupt the market order for two-wheelers and open up avenues for local start-ups, analysts say.

Scooter and bicycle start-ups like Ather, 22Motors and Okinawa are already emerging in India.

“It is extremely essential that we make the transition to electricity quickly lest we be wiped out by another global wave,” said Tarun Mehta, CEO and co-founder of Ather.

This story was posted from a feed with no text editing.

To subscribe to Mint newsletters

* Enter a valid email address

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our app now !!


Source link

Tel Aviv to introduce electric scooters and restrictions on bicycles

After months of work, the Tel Aviv Municipality today released its rules for electric scooter and bicycle rental companies. The regulations will come into effect on August 1, when businesses will need to obtain a temporary six-month operating permit.

The rules limit the number of electric scooters and bicycles to 2,500 per operator, which will force several companies to reduce the number of their scooters and bikes on offer. Companies will be required to provide information to the municipality, which will be used for research and analysis on the use of scooters and bicycles, and for other regulations.

The municipality will designate parking areas for electric scooters and bicycles, first in Zone 3 (central Tel Aviv) and later in the rest of the city. Parking areas must also be marked in the companies app, and rented scooters and bicycles left outside these areas are subject to forfeiture. It will be forbidden to block sidewalks and parking entrances with scooters and bicycles. The use of alarms between 11:00 p.m. and 7:00 a.m. will be prohibited.

Companies will be required to operate their services throughout the city, with a predetermined proportion of scooters and bicycles in areas defined by the municipality, such as Jaffa and the area where the tram works take place.

Companies will also have to ensure the safety of runners and present a plan to this effect to the municipality. These programs should encourage users to respect the highway code and wear helmets, to refrain from driving on sidewalks and to prevent their use by minors.

The operation of a service center will also be required.

Tel Aviv-Yafo Deputy Mayor Meital Lehavi, Transport Manager in Tel Aviv Municipality, said: “The presence of electric scooters and shared bicycles in the city is welcome. It is an environmentally friendly mode of transport that avoids traffic jams and air pollution and reduces dependence on motor vehicles. Shared scooters and bicycles facilitate more equal mobility, reduce distance gaps and help reduce the cost of living. In addition to the advantages, there are challenges, particularly in maintaining public order. We need to come up with a solution that will balance all needs, especially those of pedestrians on the sidewalks. The figure we have discovered of over a million trips per month proves that the demand is there, and the Tel Aviv Municipality must therefore design local regulations and rules for the challenge posed by the transportation revolution, especially at a time when government is not functioning, but the situation continues to evolve. “

Posted by Globes, Israel business news – en.globes.co.il – on June 16, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019


Source link