❤❤❤❤
India wants scooter, motorbike manufacturers to go electric by 2025Issued on: 22/06/2019 - 16:10Modified: 22/06/2019 - 16:39
Amit Dave, AFP | A young woman drives an electric scooter in Ahmedabad, India, December 30, 2018.Text by:NEWS WIRESIndia’s federal think-tank has 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, two sources told Reuters.
ADVERTISINGNiti Aayog officials met with executives from companies including Bajaj Auto, Hero MotoCorp and TVS late on Friday, giving them two weeks to come up with 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 motorbikes with engine capacity of more than 150cc must be sold from 2025, sources have told Reuters.
Automakers opposed the proposal and warned that a sudden transition, at a time when auto sales have slumped to a two-decade low, would cause market disruption and job losses.
India is one of the world’s largest two-wheeler markets with sales of more than 20 million scooters and motorbikes last year.
During Friday’s meeting government officials argued that switching to EVs is of national importance so India does not miss out on the global drive towards environmentally cleaner vehicles, one of the sources said.
.https://www.france24.com/en/20190622-india-push-two-wheeler-scooter-manfucturers-electric-2025
THIS IS A HUGE MARKET FOR REEs...
.
- Forums
- ASX - By Stock
- LYC
- dr looi on fb malaysia
dr looi on fb malaysia, page-3200
- There are more pages in this discussion • 176 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.10 |
Change
0.020(0.28%) |
Mkt cap ! $6.636B |
Open | High | Low | Value | Volume |
$7.05 | $7.10 | $7.01 | $26.26M | 3.714M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21895 | $7.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.10 | 46946 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 837 | 7.810 |
1 | 2500 | 7.450 |
4 | 7013 | 7.300 |
1 | 350 | 7.200 |
1 | 1250 | 7.150 |
Price($) | Vol. | No. |
---|---|---|
6.750 | 970 | 4 |
6.890 | 2638 | 2 |
6.960 | 1775 | 4 |
7.050 | 939 | 3 |
7.080 | 500 | 1 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
$7.07 |
  |
Change
0.020 ( 0.02 %) |
|||
Open | High | Low | Volume | ||
$7.05 | $7.09 | $7.02 | 400096 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
LYC (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online