Vehicle Prices: Vehicle prices may increase, investment will be made in meeting emission norms

Posted on 10th Oct 2022 03:46 pm by rohit kumar

The prices of passenger and commercial vehicles are expected to increase in the coming times. Automobile companies are planning to invest heavily to meet the stricter emission norms. This norm is to come into effect in April. The Indian Automobile Industry is currently working to complete the second phase of Bharat Stage-6 for its products. This will increase the cost of the companies.

 

As per the new norms, vehicles are required to have an onboard self-diagnostic device to monitor driving emission levels in real-time. In situations where the emissions exceed the parameters, the device will give a warning on this. This will show that the vehicle needs to be serviced.

 

Burnt fuel level will be controlled

 

Vehicles will also have programmed fuel injectors to control the level of fuel burned when the new norms are implemented, which will control the timing and amount of fuel for petrol engines. Also, the semiconductor will have to be upgraded. ICRA Vice President Rohan Kanwar Gupta said that while the norms are likely to lead to a marginal increase in vehicle prices, companies will need to invest together. Changes are being made in the country from BS4 to BS6 with effect from April 1, 2020. Companies have to invest 70 thousand crore rupees in this.

 

Also Read: PM's Message: India has the potential to lead the fourth industrial revolution, PM's message read in Kevadiya

Other news

India-Pakistan: 'Stay out of our internal matter', India slams OIC Secretary General's visit to PoK

India has strongly objected to the visit of Organization of Islamic Cooperation (OIC) Secretary G

Where is the 56-inch chest now? Owaisi said on Tawang dispute – Government lies on China matter

India-China Border Clash: Opposition parties are busy besieging the government regarding the inci

12th Fail: Anand Mahindra called the 12th fail worthy of a national award, Vikrant Massey gave this reaction

Vikrant Massey starrer '12th Fail' continues to be in the headlines even after two and a half mon

PM Modi: PM Modi on a Goa tour today, will gift schemes worth Rs 1330 crore, and will inaugurate India Energy Week

Prime Minister Narendra Modi will be on the Goa tour today. During his visit, PM Modi will gift s

Team India: The wait for the champions to return home is over, the storm in Barbados has stopped; the stars will leave for India this evening

The Indian team defeated South Africa by 7 runs in the final of the T20 World Cup 2024 and achiev

Earlier there was a 4G phone, now 5G has been brought... So read, will it have to be recharged separately?

5G In India: JIO and AIRTEL have started their 5G service in India. It has been started in many c

Port Blair: PM Modi inaugurates new terminal building of Port Blair Airport, Union Territory will get speed

Prime Minister Narendra Modi on Tuesday inaugurated the new integrated terminal building of Veer

Haryana Cabinet Expansion: Cabinet expansion of Nayab Saini government today, new ministers will take oath at 4.30 pm.

Cabinet expansion of Nayab Singh Saini government of Haryana will take place today at 4:30 pm. Ac

Turkiye Earthquake: India immediately sent help to help earthquake victims, Turkey said thank you, friend

The fire that came on Monday in Turkey and Syria created havoc. Thousands of people got absorbed

Father gave up his career to make Gukesh the 'King of Chess', the journey to becoming a world champion was not easy

18-year-old D Gukesh needs no introduction now. He has etched his name in history by winning the