Multiple green technologies in cars to help meet carbon neutrality targets in India: Toyota

economictimes.indiatimes.com:

multi-pathway approach in terms of green technologies in cars in a country as big and diverse as India to achieve carbon neutrality goals, a senior Toyota executive said on Tuesday. Multiple technology solutions at different price points are required to cater to different sets of customers in order to cut carbon footprint, he noted.
In an interaction here, senior Toyota executives emphasised on the need to treat all technologies fairly to achieve carbon reduction goals.

Toyota Daihatsu Engineering and Manufacturing Co-Executive Vice President Pras Ganesh said India is large enough to utilise multiple solutions, including hybrid and battery electric technologies.
He was replying to a query regarding Toyota's product road map strategy in the country where the government favours battery electric vehicles (BEVs) over hybrid cars in terms of taxation.
The total tax incidence on hybrid vehicles in India is 43 per cent, inclusive of GST, while BEVs attract a tax of about 5 per cent.

Bengaluru-based Toyota Kirloskar Motor, a joint venture between Toyota Motor Company and Kirloskar Group, currently sells a couple of hybrid models in the country.
It, however, does not have a BEV in its product portfolio as of now.
«So what we kind of feel is, let the customer decide.

Let's just give all of the technologies… and then let's see how it goes,» Ganesh said.
The auto major believes that to provide mobility for all it will have to bring in different solutions which work for different sets of customers, he noted.
«And in that context when we look at carbon neutrality, there will be different types of solutions that will work for different types of customers as well,» Ganesh said.