Reuters reported exclusively that India’s federal think-tank asked scooter and motorbike manufacturers to draw up a plan to switch to electric vehicles days after they publicly opposed the government’s proposals saying they would disrupt the sector. Sources told Reuters that officials from the Niti Aayog think-tank met executives from companies including Bajaj Auto, Hero MotoCorp and TVS, giving them two weeks to come up with the plan
Reuters exclusively reports India asks scooter, bike makers to draw up plan for EVs
22 June 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia