The divide within the auto industry recently came to the fore after a July 5 order by the Uttar Pradesh government to waive a registration tax of 8-10 per cent for strong hybrid vehicles
The insurance regulator had allowed general insurers to introduce pay as you drive and pay how you drive for motor insurance cover in 2022
EVs, hybrids could have 33 per cent share each in Indian market by 2035: Suzuki
Strong hybrid car sales won't affect growth of electric cars, they argue
The Uttar Pradesh government on July 5 decided to waive the registration tax on hybrid cars, extending a concession already available to fully electric vehicles
Toyota, with its dominant market share in strong hybrids in India, analysts said, is anticipated to be a primary beneficiary of this policy change, followed by Maruti Suzuki (MSIL)
R C Bhargava talks on the battle between electric and other alternative technologies to reduce carbon emissions
Auto stocks in focus: Maruti down 6 per cent in last 2 months; trading strategies for Maruti, Tata Motors and M&M as UP government waives-off registration fee on hybrid cars.
Around 100 strong hybrid cars were sold per month in Uttar Pradesh in FY24
The resurgence of hybrids signals that the electric mobility revolution in India may take much longer than assumed
Government of India has proposed to reduce GST on hybrid passenger vehicles to 5% and 12% on flex engines, while GST on diesel and petrol vehicles will remain at 28%
Auto original equipment manufacturers (OEMs) have focused on launching CNG variants of their popular models to meet consumer demand for vehicles with lower running costs
As India aims for carbon neutrality by 2070, automakers are divided over the best pathway
The global market for electric passenger vehicles is concentrated in three areas: China, the US, and Europe, which accounted for 95 per cent of global electric sales last year
Both Hyundai, which is India's second-largest carmaker, and Kia are targeting the launch of hybrid SUVs in 2026 or 2027, the two sources said, adding that their EV plans for India were also on track
Union Minister Nitin Gadkari proposed GST cuts on hybrid vehicles to 5% and flex engines to 12% to phase out reliance on petrol/diesel vehicles and promote alternate biofuels
Electric vehicle demand has slowed of late, suggesting the transition away from traditional internal combustion engine vehicles will take longer than expected
Why does India want investment agenda out of WTO talks? Why are hybrid cars racing ahead of EVs? What will be on markets' radar this week? What are economic sanctions? All answers here
Maruti Suzuki chairman said electrification may not lead to reduced carbon emission
Hybrids, which combine a battery with an internal combustion engine (ICE), usually petrol, are cheaper and suffer no range anxiety while boosting the overall fuel efficiency.