MOTOR VEHICLES ACT
Suzuki launches Rs 340 crore investment vehicle Next Bharat Ventures for Indian startups
The company will invest in firms through a residency programme, the first of which will begin this October, with applications starting on Thursday. This will be similar to those run by Antler and Y Combinator.
Canada prepares potential tariffs on Chinese EVs after US and EU moves
Canada prepares new tariffs on Chinese electric vehicles to align with US and EU actions. Pressure on Trudeau to follow Biden's lead. Concerns over China's overproduction of EVs. Ontario Premier calls for matching tariffs to protect Canadian jobs.
Pune Porsche Case: Aunt of accused files plea seeking immediate release of juvenile
The Pune car accident led to the killing of two people after the minor ploughed his swanky luxury car into the two IT professionals, who were travelling on a bike, killing them on the spot on the night of May 19.
Why negligent parents have bigger responsibility in juvenile crimes
While the juvenile involved in the Porsche crash in Pune must undoubtedly face the consequences for his actions, the primary burden of responsibility should rest upon adults
How China's EV makers aim to beat Tesla, legacy automakers in Europe
Chinese EV titans BYD, Chery and Great Wall Motor (GWM) are preparing a fusillade of product launches - about 20 over the next five years - and spending heavily on sales and marketing in their most important export market.
Series AA 127- The EV transformation - Part 1: How a multibagger got fresh tailwinds & gave 22,204% return in last 20 years
Below are the excerpts from its annual report of 2017-18. ELECTRIC VEHICLES – THE NEW MARKET DISRUPTOR | “We are anticipating the next market disruption through electric vehicles. We are closely reviewing and watching the situations and doing our ground level work. We are also mapping all of our existing products vis-à-vis EV to capitalise on the opportunities EV will throw at the component manufacturers, whether it is motors, batteries or any other system which will come into the electric vehicles, totally different from the conventional IC engine.” Cut to August 2023, five years down the line, the company commissions two plants for making on-board charger, off-board charger, motor control Units, DCDC converters, battery management systems, and more products catering to EV 2-wheelers and 3-wheelers. Now this is a reflection of the speed at which an auto ancillary company needs to function and also the product range it needs to have if it has to stay relevant in the changing world of the auto Industry. Foresight, planning and timely execution is the key.
Gorakhpur: Nomination of independent candidate Rajan Yadav alias Arthi Baba cancelled
The nomination of independent candidate Rajan Yadav alias Arthi Baba has been cancelled from the Gorakhpur Lok Sabha seat. During the scrutiny, supervised by Returning Officer Krishna Karunesh, who is also the District Magistrate, 19 nomination papers, including that of Yadav, were cancelled.
Tariffs and timidity are driving US carmakers into a ditch
Biden's Inflation Reduction Act aims to boost the economy and shift to zero-emission cars. Ford, GM struggle with EV targets. Tesla cuts workforce, US EV sales rise modestly. Biden plans tariffs on Chinese clean tech, facing challenges ahead.
Extra fees for driving licence renewal, registration certificate post due date not penalty: HC
Bombay High Court ruled that additional fees for license renewal and registration beyond the time limit are not penalties. The HC upheld rules under the Central Motor Vehicles Act for these fees on late applications, dismissing petitions challenging the rules.
Road ministry launches a pilot project in Chandigarh to provide cashless treatment to road accident victims
The Ministry of Road Transport and Highways (MoRTH) has launched a pilot program to provide cashless treatment to victims of road accidents caused by motor vehicles in Chandigarh. The program will allow victims to receive up to Rs 1.5 lakh per accident per person for seven days. The benefits apply to all road accidents, and the government has co-opted the Ayushman Bharat PM Jan Aarogya Yojana for trauma and polytrauma cases.
UP police seize WagonR 'helicopter' car for flouting Motor Act rules
Police in Uttar Pradesh have seized a Maruti Suzuki WagonR modified to resemble a helicopter, citing unauthorized modifications. The creator, Ishwar Deen, aimed to offer the vehicle for weddings and special occasions but was fined and had his vehicle confiscated. The incident, captured in a viral video, highlights the need for compliance with regulations for vehicle modifications.
Toyota Innova's airbag failed to open in an accident, car owner to get Rs 32.07 lakh or a new vehicle, orders NCDRC
Toyota Innova car: Airbags are an important safety feature and protect the car's occupants in the event of an accident. However an Toyota Innova car's airbags did not open in an accident and this resulted in the occupants of the car suffering injuries. Read here to know more about the case and how Toyota was proved to have sold a defective Innova.
Is the EV market ready to remove the mask of subsidies?
Automakers have to reconsider their strategies, as subsidy reduction could impact their sales forecasts and profitability projections for EV models. The adoption rate of EVs in India may slow down, as cost remains a significant barrier for many potential buyers.
You will get a Rs 10,000 challan if found doing this in Gurugram. Traffic police issues warning
Starting this week, Gurugram traffic police will impose a fine of Rs 10,000 for not allowing ambulances and fire trucks to pass through. DCP Virender Vij stated that zonal officers will record video evidence of such incidents, and offenders will receive online challans promptly. The fine is under Section 194E of the Motor Vehicle Act, aimed at ensuring swift passage for emergency vehicles.
Tractor-trolleys can't run on highways as per MV Act, observes HC on petitions on farmers' protest
The Punjab and Haryana High Court orally directed the Punjab government not to permit large gatherings of protesting farmers at the border, suggesting they use public transport to reach Delhi instead of tractors. The court cited the Motor Vehicles Act, which prohibits tractor-trolleys on highways. It also asked for a status report on meetings between farmer leaders and Union ministers.
Road ministry clarifies legal status of bike taxis
The road transport ministry has clarified that motorcycles fall within the definition of 'contract carriage' as per the Motors Vehicles Act, 1988. States/UTs should accept and process applications for contract carriage permits for motorcycles.
SC asks Centre to consider enhancing compensation in hit-and-run accidents
The Supreme Court has directed the Centre to consider enhancing compensation amounts in hit-and-run accidents. The Motor Vehicles (MV) Act provides a compensation of Rs 2 lakh for death and Rs 50,000 for grievous injury, but the court wants the government to review and possibly increase these amounts annually. The court also instructed the police to inform the victims' families about the compensation scheme.
Govt planning free cashless treatment for road accident victims across the country
The Union Ministry of Road Transport & Highways (MoRTH) is set to introduce free cashless medical treatment for victims of road accidents across India. This initiative will be part of the amended Motor Vehicle Act 2019 (MAV2019) and will be fully implemented nationwide. The announcement was made at the 'Global Road Safety Initiative' event in Delhi.
Centre plans to introduce cashless treatment of accident victims across India, says MoRTH Secy
"Free and cashless medical treatment to accident-injured victims is part of the amended Motor Vehicle Act 2019 (MVA2019). Some states have implemented it but now the Ministry of Roads in league with the Ministry of Health and Family Welfare will be fully implementing it across the nation," Road Transport and Highways Secretary Anurag Jain said.
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