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Toyota Kirloskar wants govt to support hybrid and electric cars

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May 25, 2017May 25, 2017
Toyota Kirloskar wants govt to support hybrid and electric cars

Toyota Kirloskar Motor has said that it is willing to launch hybrid models across the segments, if the Centre’s policy does not discriminate between hybrid and electric vehicles. “We are saying that you don’t even have to offer incentives but one should not discriminate against hybrid. The strong hybrids we make run on electric. It behaves exactly like electric cars but it also runs on fuel,” Toyota Kirloskar Motor Vice-Chairman Shekar Viswanathan said. “Whenever we have engaged with the government on promoting hybrid cars, there is a fear that we want to do it at the expense of the electric. Encouraging hybrid will lead to creating an ecosystem for electric cars,” he pointed out. He further pointed out that promotion of hybrid will, in fact, promote electric cars, and at the same time, bring down the cost of batteries.

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Last updated: March 20, 2024
by and Alex Morrell is a senior correspondent at Business Insider covering Wall Street at large.

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