Bringing eco-friendly vehicles in India an issue due to lack of policy: Honda

honda-agencies
BENGALURU: Bringing eco-friendly automotive technologies to India in the absence of a clear policy framework is a challenge, according to Japanese auto major Honda.
The company which has announced that by 2030 two-thirds of its production will be non-conventional – either hybrid, plug-in, electric or fuel cell vehicles – said it will sell hybrid in India mostly as a technology demonstrator as the current high taxation has affected volumes severely.
Honda Cars India, the wholly-owned arm of Honda Motor Co, sells Honda Accord hybrid in India through import of completely built unit from Thailand. Sales of the model had suffered after price hike due to increased taxes after GST implementation last year.
“We (Honda) have declared that two-thirds of our production by 2030 will be non-conventional, either hybrid or plug-in or electric or fuel cell. So in line with that we have all the technologies available,” Honda Cars India Ltd (HCIL) ..

Comments