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Wednesday, August 7, 2024

Incentives for hybrids ‘regressive’, says Tata Motors Cars MD

Tata Motors criticized Maruti Suzuki and Toyota's push for hybrid vehicle incentives, calling it a 'regressive' move that could slow EV adoption and waste government funds. Tata unveiled the Curvv EV and remarked that EVs are essential for meeting net zero emission targets, arguing hybrids do not achieve true zero emissions. Tata on Wednesday drove in the Curvv EV with an entry price of Rs 17.5 lakh (ex-showroom), and will also launch petrol and diesel versions of the vehicle soon.

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