Skoda keen to invest in India's new EV policy

economictimes.indiatimes.com:

Skoda Auto, leading Volkswagen's India investments, is considering investing in India's new electric vehicle (EV) policy. However, the company wants the government to include hybrid and plug-in hybrid electric vehicles (PHEVs) for benefits, citing challenges with charging infrastructure and consumer acceptance of pure electrics.

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Martin Jahn, Skoda's global board member and head of sales & marketing, pointed to China's example, where half of the new energy vehicle market comprises hybrids or range extenders. “The other half is either PHEVs or range extenders — so some sort of a combination of battery and combustion engine. So, the question is what's really the best for India?” he told the Times of India.

Jahn believes India’s EV adoption will be slower than anticipated, unlike China. “The road to electrics will be slower in India than expected. So, it’s a very complex issue and we will follow whatever policy will come… The transition will be not very fast given the (charging) infrastructure in India, given the sentiment of the customers, and also the range anxiety issues that still persist.”

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India’s new EV policy offers subsidized import duty for manufacturers investing at least $500 million. Skoda is evaluating