Customers forgotten in rush for electric vehicles, says TVS Motor chairman

While we need to move to EV, I think we need to move in a calibrated manner, says Venu Srinivasan, Chairman and Managing Director, TVS Motors

Government think-tank NITI Aayog has asked automakers to completely switch to electric vehicles (EV) by 2025, but TVS Motor Chairman and Managing Director Venu Srinivasan is finding it difficult to understand the strict deadline. In a chat with Arindam Majumder, he explains the hurdles for EV transformation and why a policy of ban on India’s vibrant two-wheeler industry will be catastrophic. Edited excerpts:

The government has set an ambitious target for switching to EV. How realistic is the target?

We believe that the transformation should not be by bans. We should also look at what exactly we want to achieve. If