MNCs, homegrown carmakers spar on hybrid car technology

Players with an interest in hybrid technology continue to lobby with the government for revisiting the taxation on these vehicles

It is becoming a story of homegrown versus global players in hybrid car technology. Players like Tata Motors and Mahindra & Mahindra (M&M) have decided to junk hybrid technology in the development of their cars, while multinationals like Maruti Suzuki, Toyota, and Honda are bullish on prospects of hybrid as far as the Indian market is concerned. Those in favour of hybrid are also pushing for relaxation of tax rates. 
 
When asked about his views on hybrid vehicles, Tata Motors Managing Director (MD) and Chief Executive Officer (CEO) Guenter Butschek said, “My view goes against the interest of many