Honda, a Japanese automaker, said on Friday that it would hike prices for all of its models in January. The price increase may reach Rs 30,000. Manufacturers have announced price hikes to help cover the expense of increased inputs and get their cars ready to meet the forthcoming emission standards.
Honda follows in the footsteps of other prominent businesses in the industry, including market leader Maruti Suzuki, Hyundai, Tata Motors, Mercedes-Benz, Audi, Renault, Kia India, and MG Motor, all of which have previously made year-end announcements to increase their pricing beginning with the next month.
If you haven't heard, the second phase of the BS-VI emission restrictions will go into force in April of 2023. In order to comply with the emission standards, motor vehicles will need to be equipped with a self-diagnostic system that can measure the amount of emissions produced under actual driving conditions.
The gadget will keep a careful eye on pollutants by continually monitoring the catalytic converter and oxygen sensors, two crucial components for conforming to emission requirements.
In addition, the cars will include fuel injectors that are controlled by software to regulate fuel use. Thus, the time and volume of fuel injection into the petrol engine could be managed.
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Even the semiconductors that are utilised by the vehicle will need to be improved so that it can monitor the throttle, the positions of the crankshaft, the air intake pressure, the temperature of the engine, and the composition of the emissions from the exhaust (such as particulate matter, nitrogen oxide, carbon dioxide, sulphur, and so on).
(With inputs from PTI)
