EV-hybrid subsidy battle set to heat up
Financial Express Kochi
|December 20, 2025
Rapid hybrid growth narrows gap with EVs
THE CONTEST BETWEEN electric vehicles (EVs) and strong hybrid cars for government incentives is set to intensify, with sales data for calendar year 2025 pointing to a narrowing gap between the two technologies even as EVs retain a numerical lead.
Strong hybrid vehicle sales crossed the 100,000-mark this year, reaching 102,331 units by December 19, compared with 57,290 units in 2024, an increase of about 79% year-on-year. Over the same period, EV sales rose to around 169,645 units, up from about 99,800 units last year, translating into growth of roughly 70%. While EVs continue to outsell strong hybrids in absolute terms and command close to 4% of the passenger vehicle market, the faster pace of growth in hybrids has reduced the distance between the two.
Bu hikaye Financial Express Kochi dergisinin December 20, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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