Limited penetration of EVs, withdrawal of government subsidies and range anxiety make a strong case for a higher penetration of hybrids in the short to medium term, says India Ratings and Research.
Hybrids beat EVs in sales as buyers take a fancy to mixed powertrains to get the best of both worlds.
Hybrid is not really the technology for the future that EV is, says Mahindra Group CEO Anish Shah
Naveen Soni, President, Lexus India, in an interaction with Fortune India, says the transition from internal combustion engines (ICE) powertrains to electric vehicles will eventually happen.
43.7 lakh EVs plus hybrid vehicles registered in India, just 1.22% of total vehicles in the country, which is far below the global average
Rakesh Srivastava, MD, Nissan India, urges the government to consider a European-style taxation policy—where tax is levied on new vehicles proportional to the carbon emissions it generates
It’s a battle of technologies. Curtailing tailpipe emissions via EVs may not necessarily be the only way. Some carmakers are opting for different powertrains. Who will win the consumer mandate?
The automotive and industrial lubricant maker also optimised the products keeping in mind the unique challenges that India presents.
Why the country needs to transit to hybrid vehicles before moving to a fully electric-vehicle ecosystem.
Levying taxes on petrol and diesel vehicles to promote electric vehicles will discourage the whole sector, say experts.
