Automakers lining up electric and hybrid cars in the next 3 years! Indian automakers are in the process of introducing several electric and hybrid cars in the market within the next 3 years. Apart from tax benefits from the government under various schemes for hybrids/electric cars, the increasing pollution across major Indian cities and subsequent bans across vehicle categories is seen as a major reason for this.
Leading the pack is Maruti-Suzuki India Limited, who is working hard on a mild-hybrid version of it's S-Cross diesel, as it continues it's R&D on a small petrol car with a mild hybrid option. The company already enjoys a big share in the hybrid segment with it's mild-hybrid option in the Ciaz sedan, which comes under the 12.5% excise duty bracket, instead of the 24-27% bracket usually reserved for mid-size sedans.
Hyundai Motor India Limited has already elaborated on it's plans of introducing a mild-hybrid version of the next-gen 2017 Verna, while it mulls a similar option for it's upcoming Tucson SUV.
Mahindra & Mahindra is currently working on a mild-hybrid version of it's bestselling XUV500, which is scheduled for a launch in the next 6-12 months, while it is in the process of developing full electric variants of the E2O and the KUV100 compact SUVs. Other auto majors such as Volkswagen, Honda, Nissan and Toyota are planning more expensive hybrids and electric vehicles in higher segments, where customers don't mind paying more for pure hybrid options.
The government offers lower excise duties on electric and hybrid cars under it's FAME (Faster Adoption of Manufacturing of hybrid and electric Vehicles) scheme, which is a part of it's National Electric Mobility Mission Plan (NEMMP).
Guillaume Sicard, President, Nissan Motor India: Quote:
"We are strongly contemplating bringing in the Leaf electric small car to India and I think with full hybrid technology in vehicles like X Trail is more suitable as an additional 4-5 lakh extra on 30 lakh SUV, won't pinch that buyer. For us these cars will help us in building our brand."
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R C Bhargava, chairman, Maruti Suzuki: Quote:
"Since strong hybrids are expensive, India needs to go step by step, as it is not possible, to introduce strong hybrid at an affordable price. At the moment mild-hybrid is the best solution, with time with more local manufacturing of parts, the electrification content in the engine can be increased."
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Tom von Bonsdorff, MD, Volvo Auto India: Quote:
"Volvo's philosophy is to provide plug-in hybrid and not just hybrids. The average commute distance of most people in India would be less than 40 km per day and hence plug-in hybrid car owners can contribute to the environment by exercising zero carbon footprint to their cities."
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Suraj Ghosh, principal analyst, powertrain Forecasts, IHS Automotive: Quote:
"By 2020, about 40% of diesel vehicles is expected to have some sort of electrification - either with Stop/Start systems or mild-hybrids. Fuel Economy regulations and BS6 will be the main drivers for that."
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Last edited by RavenAvi : 1st September 2016 at 10:58.
Reason: added a couple of points
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