What we mean by making cities smarter is create more options for people to move more freely, which may involve actually less vehicles over time, he said.
Mahindra plans to offer the driverless tractor technology across its range of tractors from 20 HP to 100 HP over a period of time.
Hero MotoCorp, Honda Motorcycle & Scooter India, TVS Motor, Mahindra Two Wheelers, Yamaha and Bajaj Auto all have scheduled launches of electric two-wheelers from 2018.
The government has expanded incentives for electric buses in a bid to make electric vehicles more acceptable for public transportation.
Suzuki Motor chairman Osamu Suzuki on Thursday also promised to invest Rs 3,800 crore more to expand capacity at its car manufacturing unit in Gujarat.
The revised prices became effective from September 11, due to the additional compensation cess in GST ranging between 2-7%, Honda Cars India said in a statement.
Phase I of FAME-India Scheme was launched for a two-year period between April 1, 2015, and March 31, 2017, at an approved outlay of Rs 795 crore.
The company said the decision has been prompted by the raise in cess from 2-7% across mid-size to large size cars and SUVs as amended by the GST Council last Saturday.
Under this partnership, the first batch of 500 vehicles has been rolled out in Gurgaon in collaboration with Delhi Metro Rail, HSIIDC and Rapid Metro Gurgaon
“Before I start pushing EVs, I have to make sure they give him the value that they should give to him, which is what a customer expects from Maruti,” said Bhargava.
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