Skoda plans hybrid car launch in India in 3 yrs
Business Standard|November 07, 2024
Skoda Auto is setting its sights on a hybrid future in India, with plans to introduce such variants in upcoming models, including the next-generation Kushaq, expected in three years, a senior company official said on Wednesday.
ANJALI SINGH
Skoda plans hybrid car launch in India in 3 yrs

It already has the technology for hybrid powertrains.

Although the company has the technology ready for hybrid powertrains, it is awaiting consumer demand and a clearer regulatory landscape across states to launch hybrid models.

Speaking to reporters on the sideline of the Kylaq launch, Petr Janeba, brand director, Skoda Auto, said it plans to bring a hybrid variant of the next generation Kushaq in three years.

"If customer demand picks up for hybrid vehicles, then we will definitely look at bringing in a hybrid variant of the Kylaq too," he added.

This comes alongside the launch of the company's new compact SUV, the Kylaq, priced competitively at ₹7.89 lakh (ex-showroom).

Skoda plans to capture a share of the booming sub-four-metre SUV segment which accounts for about 30 per cent of SUV sales in India.

Denne historien er fra November 07, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 07, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS STANDARDSe alt
False solutions for climate change
Business Standard

False solutions for climate change

As the ghastly impacts of climate change become more visible in our everyday lives, it is hard to shake off the feeling that one must step up and do something constructive.

time-read
3 mins  |
November 23, 2024
Expats to residents, Delhi's air is driving people out
Business Standard

Expats to residents, Delhi's air is driving people out

Embassies have stepped up efforts to deal with the situation; WFH option has residents temporarily relocating to their hometowns

time-read
3 mins  |
November 23, 2024
Making sense of census
Business Standard

Making sense of census

For all marketing professionals working in large companies, the population census of India is a treasure trove of information.

time-read
3 mins  |
November 23, 2024
MONEY CAN BUY YOU STARS
Business Standard

MONEY CAN BUY YOU STARS

What's behind West Asia's multi-billion charm offensive to become a destination for all kinds of sports stars?

time-read
4 mins  |
November 23, 2024
Business Standard

Ensure low tracking error, alignment with risk appetite

Exchange-traded funds (ETFs) witnessed a sharp rise in subscriptions in October, with net investments totalling ₹13,441 crore, compared to ₹381 crore in the previous month, according to data from the Association of Mutual Funds in India (Amfi).

time-read
2 mins  |
November 23, 2024
Strong order book to stand BEL in good stead
Business Standard

Strong order book to stand BEL in good stead

Brokerages mostly positive on the stock

time-read
2 mins  |
November 23, 2024
Strong Q2, growth outlook drive gains for Info Edge
Business Standard

Strong Q2, growth outlook drive gains for Info Edge

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies.

time-read
2 mins  |
November 23, 2024
Business Standard

Regulator nod to Roshni Nadar to acquire majority stake in HCLTech

The Securities and Exchange Board of India (Sebi) on Friday gave nod to Roshni Nadar to acquire majority shareholding from her father Shiv Nadar, founder of HCL Group, in two promoter group companies.

time-read
1 min  |
November 23, 2024
Green energy stocks fail to benefit from selloff in Adani Green
Business Standard

Green energy stocks fail to benefit from selloff in Adani Green

Six of the eight stocks operating in the green energy space declined on Friday, failing to benefit from the rout in Adani Green Energy's decline over the last two sessions.

time-read
1 min  |
November 23, 2024
Business Standard

NTPC Green Energy IPO booked 2.40x on Day 3

The initial public offering (IPO) of NTPC Green Energy Ltd, the renewable energy arm of NTPC, was subscribed 2.40 times on the closing day of the share sale on Friday.

time-read
1 min  |
November 23, 2024