The petition filed by advocate Rajat Kapoor said that the rise in petrol and diesel prices has created a huge market for the electric vehicles, and there is an urgent need to address the issue that a large number of electrically operated two-wheeler vehicles do not have insurance.
Kapoor argued that if an electric vehicle is a two-wheeler with a maximum speed of up to 25Km/hr and its power does not exceed 250 watts then it does not require a driver’s license to operate. As a result, students, teenagers and retirees prefer to drive these vehicles as they do not even need registration, the plea argued.
“That lack of rules relating to insurance will create a plethora of vehicles running or flying on the road which do not have any source of origin and this can create a situation of havoc in coming days. That specifically on the point of Third-party Insurance it is very important that Electric Vehicles should not be allowed to leave the showroom till the time the insurance formality is complete,” it said.
The plea said that the changes in geo-political scenarios due to the ongoing war in Ukraine has caused instability with regard to crude oil prices, leading to increase in electric vehicles which has created an urgent need to enact a law to deal with electric vehicles.
Source: Barandbench
