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Two-wheeler industry against rapid electrification
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New Delhi, June 13 -- At the launch of India's first scooter that meets Bharat Stage 6 emission norms, Honda Motorcycle and Scooter India (HMSI) Chief Executive Officer, Minoru Kato mentioned that the Japanese company, India's largest scooter manufacturer was 'putting on hold any further investment decisions until they got some clarity on the government's proposals around electrification of sub-150cc two-wheelers.' This is in light of a recent proposal in a report released by the Niti Ayog that has proposed that all sub-1500 two-wheelers in India get run on electricity by 2023. Kato made it clear that while electrification was the future, to moveto electric so soon after implementing new Bharat Stage 6 emission norms was not a wise move, ...
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