Winning Bizness Desk
Mumbai. India's automobile industry is going through strange circumstances and some big changes are being seen in the trends of this sector. On one hand, while the government is focusing more on electric vehicles (EV), it has been found that the people of the country are trusting more on hybrid cars despite being twice the price of EV. This is the reason why hybrid vehicles have overtaken EV sales between April-June. According to the data of the Vahan Dashboard, 15,000 EVs were sold in the country between April and June 11 at the rate of 7500 per month, while hybrid sales stood at 59,814. Pure electric cars start at Rs 8 lakh. At the same time, the price of hybrid cars starts at Rs 17 lakh. According to Morgan Stanley, hybrid sales have grown five times faster than EV sales in the US in February. Notably, hybrid vehicles (HEV) come with more than one fuel option. There are two types of engines in it. The first is the petrol or diesel engine in the car and the second is the electric engine. That is, both engines supply power to the car. The special thing is that the battery gets charged through the internal system. There is no need to charge the battery separately. Apart from this, when the battery operates the vehicle, fuel is also saved at that time.
Why are people liking hybrid cars?
According to experts, there are many reasons to like hybrid cars and the biggest reason is its better mileage, because hybrid cars give better mileage. They give 25-30 km per liter mileage on long routes. Apart from this, its running cost is low. According to automobile experts, the running cost of hybrid cars is less than EV in the long term. On one hand, the lack of charging infrastructure for EV is a big problem. On the other hand, hybrid cars can run on both fuel and battery. Apart from this, there is also a concern about range anxiety in EVs i.e. covering long distances with less charging. Hybrid cars relieve this concern. Because in case the battery is not charged, it can be run on petrol. According to experts, hybrid cars are helpful in reducing carbon emissions. It helps the country to cut down on the import of expensive crude oil. Hybrid cars run on both fuel and battery. Hybrid vehicles have an internal combustion engine (ICE) like petrol or diesel as well as an electric battery, which helps in increasing the range and fuel efficiency of the car. Apart from petrol-diesel driven vehicles, the popularity of strong hybrid, mild hybrid, plug-in hybrid and pure electric vehicles is increasing in the world.
Auto companies are also focusing on hybrid
According to the data of Society of Indian AutoMobile Manufacturers, an organization of auto companies, the sale of hybrid cars in India has increased by more than 30% last year. This is the reason why Japanese vehicle manufacturers like Maruti Suzuki, Toyota are focusing on hybrids instead of EV. Hyundai is also planning to launch its first hybrid car in India by 2026.