Time to Charge Up

Good news for manufacturers of hybrid and alternative vehicle technologies like fuel cells in this year’s budget. The excise benefit on fuel efficiency kits should see its adoption rise in a mileage-conscious country like ours. Expect Mahindra & Mahindra’s Reva to benefit. Also makes life easier for the Tata Motors’ Indica EV. That is if Tata Motors is looking at launching the technology in India. Not many auto manufacturers in India though have hybrid or EV offerings right now; so don’t expect to see such cars on the road anytime soon. Also, the problems on the EV infrastructure support side still remain strong. A lot of work for sure before the National Hybrid Mission.