Awaiting policy on hybrids, green tech: Bhargava
Business Standard|August 05, 2024
Maruti Suzuki India Limited (MSIL) is awaiting a government policy framework to promote all green technologies, including strong hybrids, to replace petrol and diesel vehicles and reduce carbon dioxide emissions, chairman R C Bhargava said on Sunday.
DEEPAK PATEL
Awaiting policy on hybrids, green tech: Bhargava

As India aims to be carbon neutral by 2070, automakers are divided over the best path ahead.

Japanese giants like Maruti Suzuki and Toyota are pushing for tax cuts on hybrids, arguing that electric vehicles (EVS) alone can't carry the emissions reduction load.

But homegrown players like Tata Motors and Mahindra & Mahindra have opposed such tax cuts, insisting that only a full-throttle EV push can truly decarbonise India's roads.

EVs in India are charged just five per cent goods and services tax (GST) but hybrid cars owners shell out 28 per cent GST. The divide within the auto industry recently came to the fore after a July 5 order of the Uttar Pradesh government to waive a registration tax of up to 8-10 per cent for strong hybrid vehicles.

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