Pragmatic policy likely on electric two-wheelers in a few months: TVS Motor

CMD Venu Srinivasan proposes hybrid model, says such vehicles would do a better job in cleaning up the environment

TVS Motor Company Chairman and Mananging Director Venu Srinivasan hopes to see a sensible policy in a few months from the cental government on electric two-wheelers.
 
He says the industry has been in talks with the government on the NITI Aayog proposal for a switch in this regard by 2025. Srinivasan indicated to his shareholders on Monday that the proposed timeline seemed over-optimistic.
 
Hybrid vehicles could be a better option for now, he said, adding that TVS would be offering an electric two-wheeler in the near future.
 
With EVs, the average price will also go up, from