Japanese Automakers, Suzuki, Toyota, Honda Manufactures Fully Hybrid Cars
The Japanese automakers, Suzuki, Toyota, Honda companies started fully hybrid cars for India and will introduce them by 2021. Let us see about the hybrid cars.
They have been encouraged to produce hybrid cars government ensured them that it will not differentiate between an EV and hybrid vehicle in terms of providing financial incentives to those makers who produce Eco-friendly vehicles.
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Japanese companies making petrol-electric hybrids even there is a trend of battery power electric vehicles. The companies lobbying the Indian government to extend financial incentives offered on electric vehicles to hybrid vehicles as well. They say hybrid vehicles are more fuel-efficient when compared with petrol and diesel vehicles.
President And Chief Executive Of Honda Cars India Ltd says
President and chief executive of Honda Cars India Ltd, “We have plans to introduce hybrid vehicles in India within three years. It will take some time to make electric vehicles affordable and, until that moment, to contribute to a pollution-free society, I think a hybrid will be the bridge to electric vehicles.”
The company started working strongly for hybrid vehicle from the month of December. Suvranil Majumdar, project lead-electric mobility at International Finance Corporation said “Most of these companies have electric vehicle strategy in place for India in the future. Hybrids are more efficient than diesel- or petrol-run vehicles, so they are trying to use hybrids as an intermediate step towards full electrification.”
Road Transport And Highways Ministry Recommended Lowering Of GST
From 43% current GST, road transport and highways ministry recommended decreasing the GST. The hybrid vehicles will get 10,000 inventive as proposed by the heavy industries ministry for the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME) scheme.
Vice-president of Toyota Kirloskar Motor Pvt. Ltd says
Atsushi Oki, vice-president of Toyota Kirloskar Motor Pvt. Ltd declined to elaborate on the collaboration with Suzuki. “Details on each model such as the schedule of the start of supply, number of supplied units, vehicle specifications, etc. are currently under discussion,” said Oki.
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