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Indian govt has not set deadline to launch electric vehicles: official

The Indian government has not set a deadline to launch electric vehicles or to ban manufacturing of petrol and diesel cars, a government official said on Wednesday

twitter-logo Reuters        Last Updated: August 21, 2019  | 13:45 IST
Indian govt has not set deadline to launch electric vehicles: official
Prime Minister Narendra Modi has been working to push electric vehicles in an effort to cut India's fuel import bill and curb pollution.

The Indian government has not set a deadline to launch electric vehicles or to ban manufacturing of petrol and diesel cars, a government official said on Wednesday

The Indian auto industry has been caught in the middle of slowing economic growth that has led to a slump in demand for vehicles, forced plant shutdowns and large layoffs.

Prime Minister Narendra Modi has been working to push electric vehicles in an effort to cut India's fuel import bill and curb pollution.

In June, a government think-tank that 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.

Also read: Auto sector slowdown: Tata Motors, Maruti Suzuki, Mahindra stocks fall up to 55% in one year

Also read: RSS trade union calls for urgent steps to revive auto, manufacturing sectors; to protest against govt's 'wrong' policies

Also read: Slowdown Blues: SBI extends credit period for stressed auto dealers

Auto slowdown: The lady doth protest too much, methinks!

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