DriveNews.co.uk: Your Ultimate Hub for Comprehensive Automotive News and Insights! We bring you the latest reports, stories, and updates from the world of cars, covering everything from vehicle launches to driving tips. Stay with DriveNews.co.uk to stay revved up about the automotive world 24/7

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Maruti Hybrid Tech For Small Cars In The Works, Higher Mileage – Swift, Baleno, Fronx?

Despite being India’s leading car manufacturer, Maruti Suzuki has yet to introduce homegrown electric vehicles. However, recent announcements from Suzuki indicate a shift towards considering self-charging and plug-in hybrid options, which promise cost-effectiveness and suitability for more economical vehicles.

Presently, Maruti Suzuki offers hybrid powertrains in India through models like the Grand Vitara and Invicto, utilizing technology from Toyota under a strategic partnership. However, the pursuit of indigenous hybrid technology has become imperative, especially given India’s price-sensitive automotive market.

Maruti Suzuki’s Chairman, RC Bhargava, has highlighted concerns about the affordability of Toyota’s hybrid powertrains, which could inflate prices for consumers. In a recent interaction with the media, he has revealed Suzuki Japan’s commitment to developing cost-effective hybrid solutions tailored for smaller cars, promising class-leading fuel efficiency at a more accessible price point.

One significant barrier to achieving affordable hybrid vehicles in India lies in the country’s taxation policies. Currently, hybrid vehicles face a hefty 43% GST, significantly higher than the 5% for electric vehicles and 48% for petrol cars. However, there are hopes for change, with Minister of Road Transport & Highways, Nitin Gadkari, proposing a reduction in GST to 5% for hybrids and 12% for flex-fuel vehicles.

RC Bhargava emphasizes that pricing will be pivotal in determining the success of hybrid vehicles in India, with the GST Council’s decision on taxation playing a crucial role in shaping the future of electrification in the automotive industry. Models like the Swift, Baleno, Fronx, and WagonR are prime candidates for Maruti’s hybrid lineup.

Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki, is also enthusiastic about plug-in hybrid vehicles for the Indian market. He views PHEVs as an intriguing prospect and believes the company must explore their potential. Maruti Suzuki aims to electrify 40% of its portfolio by FY 2030-2031, underscoring its commitment to sustainable mobility solutions.

The introduction of affordable hybrid technology by Maruti Suzuki has

Read more on rushlane.com