10-Jun-19, Asia Times
With unsold inventory and production cuts reflecting an automotive market slowdown, the Indian auto industry is upset with the National Democratic Alliance government’s ambitious targets for bringing in electric mobility in the two- and three-wheeler segments.
%20iStock.jpg "Indian auto firms oppose hasty electrification (c) iStock")
Image: iStock
Auto-industry body the Society of Indian Automobile Manufacturers (SIAM) has said the proposal by the government’s policy think-tank Niti Ayog to ban sales of gasoline and diesel three-wheelers by 2023 and permit only electric two-wheelers in the sub-150cc category by 2025 will disrupt the industry.
Both SIAM and the Confederation of Indian Industries (CII) have said they do favor electric mobility but expressed concern over the haste with which the government was pushing it and called for consultation with industry stakeholders.