Tata and Mahindra bet on EV, Toyota, Honda and Suzuki insist on launching hybrid models Tata and Mahindra bet on EV, Toyota, Honda and Suzuki insist on launching hybrid models

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Tata and Mahindra bet on EV, Toyota, Honda and Suzuki insist on launching hybrid models Tata and Mahindra bet on EV, Toyota, Honda and Suzuki insist on launching hybrid models


Photo:PTI Tata Motors

Highlights

  • Only battery electric vehicles (BEVs) and hybrid vehicles are being made in India.
  • Rapid adoption of electric vehicle technologies
  • Toyota and Honda have also introduced hybrid models in the country

Tata While domestic companies like Motors and Mahindra are betting on electric vehicles (EVs), major Japanese companies like Toyota, Honda and Suzuki are pushing for hybrid models. Auto manufacturers are adopting different strategies to promote eco-friendly fuel. Electric vehicle technologies are being rapidly adopted around the world. This includes SHEV (strong hybrid electric vehicle), FCEV (fuel cell electric vehicle), BEV (battery electric vehicle) and PHEV (plug-in hybrid electric vehicle).

Electric and hybrid vehicle demand

Currently, only battery electric vehicles (BEVs) and hybrid vehicles are being manufactured in India. Tata Motors and Mahindra & Mahindra plan to launch several BEV models in the next few years. These companies have created massive resources for this sector. Similarly, Hyundai, Kia and MG Motor have also introduced BEV models in the market. The country’s largest car maker Maruti Suzuki is also preparing to introduce its first electric vehicle in 2025. Meanwhile, Maruti Suzuki has also bet on hybrid technology to make its cars more fuel efficient. Apart from this, Toyota and Honda have also introduced hybrid models in the country.

The need to cut carbon emissions

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles said that electric vehicles are the future of the industry and the company has taken this step due to its passion for greenery and a better tomorrow. “Hybrid, on the other hand, is a technology that is short-lived, as it is mainly being used to meet the CAFE (Corporate Average Fuel Economy) norms,” ​​he said. Average carbon emissions need to be cut. Vijay Nakra, President, Automotive Division, Mahindra & Mahindra said that the company is going to forge ahead in the field of battery electric vehicles due to the government’s clear policy with its EV based plans. Rahul Bharti, Executive Officer (Corporate Affairs), Maruti Suzuki India, favored SHEV, saying that this technology can reduce carbon emissions by 30-40 percent. Bharti said that since SHEVs do not require external charging infrastructure, there are no range concerns and hence the technology can be scaled up rapidly.

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