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Honda’s EV Journey In India To Begin With Hybrid Technology

By Rajiv MenonIndia
1 min read
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It was back in 2018 that we told you about Honda wanting to get into the EV space in India. The electric car which will be launched in India will be one of the company’s global models which will be produced after 2019 after the Japanese carmaker rolls out its electric plan for a wide set of market. The vehicle that will make its way to India could be a ‘B’ segment vehicle the development of which is under process for the Indian Market. But this EV strategy will only pan out until 2023-24. Meanwhile, however, the focus will be on a gradual shift towards EV, which is why hybrid technology will find its way into Honda Car India’s line-up of cars. Honda is also looking to localize the production of hybrid and EV solutions in India in a bid to ensure that it is accessible and affordable for the buyers.

According to a statement made to PTI by Senior Vice President and Director Rajesh Goel, Honda Cars India, “Till such time and also till the development of suitable charging infrastructure in the country, we feel that hybrid vehicles can be considered as good intermediate technology in electrification initiatives. Accordingly, we will begin our electrification journey in two years with hybrid technology.”

Currently, the company only has the Accord hybrid in its portfolio and it attracts 28 percent rate with a cess of 15 percent taking its price to over ₹ 43 lakh (ex-showroom). As per its Vision 2030, the company strives to electrify two-thirds of its global automobile unit sales in 2030 with its range of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicle (PHEVs), battery electric vehicle (BEVs) and fuel cell vehicles (FCVs)

Questions & Answers

Q.

What kind of electric vehicle might Honda introduce to the Indian market?

A.

The electric vehicle planned for India could be a 'B' segment model, which is currently under development specifically for the Indian market. It would be one of the company's global models produced after 2019.

Q.

Why is Honda focusing on hybrid technology before fully electric vehicles in India?

A.

Honda believes hybrid vehicles are a good intermediate technology given the current stage of suitable charging infrastructure development in India. This focus allows for a gradual shift towards electrification.

Q.

When does Honda plan to start its electrification journey in India with hybrid technology?

A.

Honda plans to begin its electrification journey in India with hybrid technology in two years. This is part of a strategy that sees hybrid vehicles as an intermediate step.

Q.

What is Honda's global target for electrified vehicle sales by 2030?

A.

By 2030, Honda aims to electrify two-thirds of its global automobile unit sales. This includes a range of hybrid electric vehicles, plug-in hybrids, battery electric vehicles, and fuel cell vehicles.

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