Honda lines up hybrid cars even before India duty cut
Financial Express Mumbai|April 17, 2024
EVEN BEFORE INDIA formally decides to reduce duty on hybrid cars, Japanese auto giant Honda has lined up o at least one product launch on this technology in the next few years to capitalise on the demand momentum.
SWARAJ BAGGONKAR

The Elevate, a petrol-powered sports utility vehicle (SUV) launched in 2023,was first of the five SUVs planned by Honda for the Indian market. The Elevate-based battery electric vehicle (BEV) from Honda will debut towards the end of 2026.

"The primary focus of the company right now is to work on the BEV.

It will be based on the Elevate platform but it won't be Elevate. It is going to be an India-designed, specific EV.

India will be the lead country for this EV like it has been for the Elevate," Kunal Behl, vice president, marketing & sales, Honda Cars India, told FE.

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