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Davos 2019: Hero MotoCorp expects government to bring long-term EV policy
January 22, 2019

Davos 2019: Hero MotoCorp expects government to bring long-term EV policy

The government should come with a long-term and a clear-cut policy on electric vehicles (EV) so that the automobile manufacturers will be able to do whatever is needed to be done to cope with the changes, said  Pawan Munjal, CMD and CEO, Hero MotoCorp.

The industry needs the government's help for the EV push, Munjal told CNBC-TV18 on the sidelines World Economic Forum in Davos.

"EV is something which is here to happen and all of us are gearing up for electrification of our products," Munjal said.

Talking from the industry point of view, he said the industry wants the cost to come down so that they are able to pass on the benefit to the consumer.