Business Standard

Low penetration of electric cars in India? Hybrids may be the answer

In India, it's the hybrid market that Maruti Suzuki is understandably targeting

Kia, EV, Electric Vehicle
Premium

Surajeet Das Gupta New Delhi
EV penetration in both passenger cars and two-wheelers needs a boost if India wants to meet its aggressive green targets. Pure electric cars accounted for nearly 1 per cent (33,000) of 3.3 million car registrations in 2022. If hybrid electric cars sold last year (19,556) are included, the combined share of the two (e-cars and hybrid electric cars) would go up by only 0.5 percentage points in total car sales. 

Unlike many countries in Europe and some key markets like Japan and South Korea, India does not have a vibrant hybrid (petrol and electric) car market in its quest to make

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 26 2023 | 10:40 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com