• Home
  • Industry
  • What is the destiny of hybrids in the Indian automotive industry
Industry

What is the destiny of hybrids in the Indian automotive industry

Nitin Gadkari on Thursday stated the government is considering continuing the same GST charge currently allowed in electric vehicles to hybrid vehicles as well, setting the cat among the pigeons in the domestic automobile industry.

” Minister continued that We have already overcome the GST on electric vehicles and now I am trying to make sure that the hybrid cars to get a similar reduction,” he said. “I am understanding up with the Finance Ministry, so should the companies, so that it too can be included under the same bracket.”

After this observation of the Minister of Road Transport, Shipping and MSME, County’s major automobile maker have several hypotheses.

  • Like Maruti Suzuki, Toyota Motor Corporation and Honda welcoming such progress while homegrown organisations such as Tata Motors and Mahindra and Mahindra not showing as serious concern with it.
  • This will be a delightful step. Any new technology that develops the capability of a vehicle on mileage or emissions need to be supported and a decline in dues on hybrid vehicles would be a measure in the right direction,” said C V Raman, senior managing director (engineering), Maruti Suzuki India Ltd.
  • Rajesh Goel, senior vice president and executive, Honda Cars India stated, “The support shown to the advanced hybrid technology the transport minister is very supportive as we firmly assume that Hybrid is the appropriate technology for a sustainable transformation to EV.”
  • If somebody says that working for the electric powertrain is a two-step process via hybrids, then that is not valid,” said Pawan Goenka, managing director, Mahindra and Mahindra. “I am not judging or supportive of this statement. I am neutral to it.
  • We have to ask our members before we can propose this,” said Rajan Wadhera, president, SIAM. Wadhera is also President (automotive sector) at Mahindra.
  • Related posts

    E-Waste Becoming Major Problem For India

    admin

    Are Bricklins Creating Problems for the Environment

    admin

    Aviation Body Holds Urgent Meeting

    admin

    Leave a Comment