For the M and N categories of vehicles, the Ministry of Road Transport has suggested that manufacturers create hydrogen-powered automobiles. The government has given automakers 30 days to submit their comments and complaints.
All engines will utilize compressed hydrogen in petrol form, according to the announcement. While cargo trains fall under the N category, passenger trains are classified as M-category vehicles.
Hydrogen-Powered Vehicles
Ashok Leyland, Mahindra & Mahindra, and Tata Motors are a few of the auto stocks that are anticipated to be in the spotlight today.
Today marks the official launch of Maruti Suzuki India’s Invicto model in India, with a 0.83 percent increase in stock. Today, Bajaj Auto will introduce a new line of 400-cc motorcycles thanks to a partnership with Triumph Motorcycle in the UK.
- Ministry proposes hydrogen-powered vehicles for M and N vehicles.
- Auto stocks Ashok Leyland, Mahindra, and Tata Motors are expected to gain prominence today.
- Eicher Motors shares down 6.26%; Hero MotoCorp shares increase 4.45%.
At market close on the BSE, shares of Eicher Motors Ltd. were down 6.26 percent, although they were down 0.41 percent to Rs 3,388.
On Wednesday, there were encouraging signs as the share price of Hero MotoCorp increased 4.45% before the day’s end.
