Bike India : 2020-07-10

IGNITION : 19 : 19

IGNITION

IGNITION Validity of Motor Vehicle Documents Extended Okinawa electric motorcycle concept was unveiled at Auto Expo 2018 UNION MINISTER FOR ROAD TRANSPORT AND HIGHWAYS NITIN GADKARI has announced a further extension in all states and Union Territorie­s for the validity of fitness, permit (all types), driving licence, registrati­on, and other vehicle-related documents until 30 September. It may be recalled that the government had earlier extended the validity of these documents to 31 May. Now it has been further extended owing to the continuati­on of the lockdown period. Individual­s who had documents expiring between 1 February and 30 June were earlier given an extension until the end of June. The enforcemen­t authoritie­s have now been advised to treat all documents that have expired from 1 February as valid until the end of September. This will ease the minds of many motorcycle owners who have not been able to renew their documents due to the lockdown. To deal with the current scenario, the Ministry of Road Transport and Highways has requested all states and Union Territorie­s to consider provisions available under the Motor Vehicles Act, 1988, or other such provisions available under other Acts for considerin­g relaxation in the requiremen­t of a permit or fees or taxes for renewal/penalty for permits, etc. The ministry also announced on 21 May that it would relax the fee’s validity and/or additional fee under Rule 32 or Rule 81 of the Central Motor Vehicles Rules, 1989, until 31 July 2020. Okinawa Electric Motorcycle on the Way Long-term Vehicle Insurance to be Withdrawn OKINAWA’S PORTFOLIO FOR INDIA MAINLY COMPRISES THE Praise, i-Praise, and Ridge. These three models are offered in a few variants and choice of battery (lead acid or lithium-ion). In addition to being all-electric vehicles, another thing that they have in common is that all of them are scooters. Now the manufactur­er has announced that a Make in India Okinawa product is on the way. This upcoming launch is expected to be an electric motorcycle, their first for the Indian market. The new motorcycle will be called the Oki100 and Okinawa were happy to announce that it would be a completely localized product. However, it may not be a 100 per cent “Make in India” Okinawa, depending on how you look at it. Okinawa revealed that while the battery would be sourced from overseas, all the other components of the motorcycle would be manufactur­ed in India. We are already familiar with the Oki100’s looks and styling because it was showcased at the 2018 Auto Expo. The motorcycle will draw power from a lithium-ion battery to reach a top speed of 100 km/h. Further details are unavailabl­e at the moment. Okinawa have received the green signal from the FAME II scheme — Faster Adoption and Manufactur­ing of (Hybrid &) Electric Vehicles. The company further announced that going forward, it would focus on localizing all the products in its portfolio. THIRD-PARTY (TP) INSURANCE REMAINS MANDATORY FOR NEW TWO- AND four-wheelers; five years for the former and three for the latter. What has changed is the package that also offers multi-year Own Damage (OD) policies along with TP coverage. Following complaints by customers that insurers were overchargi­ng for OD policies since there was no monitoring by the Insurance Regulatory and Developmen­t Authority of India (IRDAI), the regulatory agency has decided to address the issue. The government body acknowledg­ed the issue at hand and clarified that actuarial pricing has been a challenge for insurers over the long term when it came to OD covers. Similar problems also surfaced in the distributi­on of the policies, especially in terms of affordabil­ity, because it hiked the price of the vehicle significan­tly. Furthermor­e, these plans were rarely flexible and if the policy-holder ran into difficulty, it usually left them with a non-flexible longterm commitment that they could not get rid of without further financial damage. Taking all these points into considerat­ion, IRDAI have announced that such bundled packages will not be offered from 1 August 2020. The TP cover for a long term remains unchanged and is a rather good initiative by the government to ensure that all new two- and four-wheelers plying on our roads are at least insured for third-party damage. We understand some of you have questions about what happens to the validity of your vehicle’s documents since the country was under lockdown for a couple of months. The following news item answers those questions. 19 July 2020 www.bikeindia.in Bike India

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