This step towards hybrid car promotion follows the push from the manufacturers like Maruti Suzuki India Ltd – Ciaz Hybrid, Toyota Kirloskar Motor Pvt. Ltd. – Prius and Camry Hybrid, Honda Cars India Ltd. While some automakers are pushing for hybrid, Indian car makers Tata and Mahindra have directly transitioned to electric vehicles with their
With no proper support from the Indian government as well as with placement of the hybrid cars at 28% GST slab along with additional 15%
In the draft submitted for FAME scheme in September, EFC had sanctioned Rs. 5,500 crores but this was later rejected by Prime Minister’s Officer to focus more on lithium-ion battery manufacturing in the country.
As per Maruti Suzuki chairman R.C. Bhargava, by 2030 of the total vehicles only 10-15% are expected to be electric and the government is well aware that to solve rising problems of pollution and oil imports, focus on electric vehicles alone may not be sufficient. While the Prime Minister mentioned CNG and Methanol based vehicles as alternatives, he expects hybrid cars to be the next in that. He welcomes the government’s decision to refine the policy.
The placement of Hybrid cars at 28% GST slab while electric cars at 12% last year, signal government’s intention to push electric vehicles. But now as the government seems to have decided to promote all technologies, tax changes on hybrid cars are awaited.