Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional
Baua Electric
MAY 10, 2024
Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. In 2023, the industry witnessed the share of hybrid vehicles increase to around 2% from 1.7%.
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