Remove Auto Remove Petrol Remove Suzuki Remove Tax
article thumbnail

Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Several automakers like Toyota, who have been selling hybrid cars in India have been lobbying for a tax cut on the hybrid vehicles in India.

Tax 95
article thumbnail

UP stands firm on hybrid car tax waiver: Report. What effect will it have on EVs

Baua Electric

By: HT Auto Desk | Updated on: 13 Aug 2024, 11:00 AM Uttar Pradesh has been one of the the main contributors when it comes to sales for India's automotive market. In July 2024 the state introduced a tax … Uttar Pradesh has been one of the the main contributors when it comes to sales for India’s automotive market.

Tax 52
article thumbnail

Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. Apart from Maruti Suzuki, automakers including Toyota and Honda also offer hybrid vehicles.

Tax 40
article thumbnail

Hybrids vs EVs: where should government put its money

Baua Electric

By: Srinjoy Bal | Updated on: 21 Jan 2024, 12:05 PM In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids. Meanwhile, Toyota and Maruti Suzuki are of the view for more tax cuts on hybrids. --> In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids.

Hybrid 95
article thumbnail

Tata Motors to manufacture hybrid cars in India? Top official drops a hint

Baua Electric

By: HT Auto Desk | Updated on: 02 Aug 2024, 13:42 PM Tata Motors leads the electric vehicle segment in India with as many as four models including the Punch EV and Nexon EV. Currently, carmakers like Toyota Motor, Maruti Suzuki and Honda Cars offer hybrid vehicles.

India 52
article thumbnail

Hybrid hype: types, tech, and the road ahead

Baua Electric

In India, around 23 hybrid cars are available, ranging from the Maruti Suzuki Ertiga to the Lamborghini Revuelto. Maruti Suzuki introduced mild hybrids in India in 2015 with the launch of the Ciaz diesel with SHVS. To this extent, both the Japanese brands are now convincing the government to reduce taxes on these types of vehicles.

Hybrid 98
article thumbnail

Why Hybrids are gaining momentum amid EV frenzy | Autocar Professional

Baua Electric

The hybrid vehicles — dual powered by a petrol engine and an electric motor — are gathering strong traction amongst SUV buyers versus all electric battery-operated passenger vehicles. Already, about a fifth of the Grand Vitaras sold by Maruti Suzuki are powered by a hybrid powertrain. Hybrids cost about Rs 2.5

Hybrid 52