Effect of registration waiver on strong hybrid car sales in UP

We have the sales data of the three brands (Honda, Maruti and Toyota) which sell strong hybrid cars.

BHPian ferrarirules recently shared this with other enthusiasts:

Curious case of Strong Hybrid cars not selling in high numbers even after registration waiver in UP

I have been tracking the impact of registration waiver on the adoption of strong hybrid cars in Uttar Pradesh. The orders were passed in July 2024 so a considerable 3 months including the festival month of October have passed but the sales of strong hybrid are not skyrocketing.

Let's see the data for Uttar Pradesh of the three brands (Honda, Maruti, Toyota) which sell strong hybrid cars.

Sales trend of Strong Hybrids in UP for the last 4 months

Sales trend of Mild Hybrids in UP for the last 4 months

*Data for only Honda is non-hybrid cars as Honda doesn't have mild hybrid tech

Data Source - Vahan Dashboard

I tried to analyze the why and it lies in the pricing of the strong hybrid cars being way more than their non-strong hybrid counterparts. Strong hybrid cars even get a 2% GST cess benefit. Despite all this, the ex-showroom price of strong hybrid cars is more than the on-road price of non-strong hybrid cars.

Example

• Toyota Hyryder V Hybrid is Rs.19,99,000 ex-showroom and V AT Neodrive is Rs.19,85,257 on-road Noida
• Maruti Suzuki Grand Vitara Alpha Plus Hybrid is Rs.19,93,000 and Alpha Smart Hybrid is Rs.19,44,819 on-road Noida

Conclusion

Based on the above evidence, providing a registration tax waiver on strong hybrid cars is not helping the adoption. The manufacturers really need to look at the pricing of strong hybrids if they want to drive adoption.

Check out BHPian comments for more insights and information.