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EV-hybrid subsidy battle set to heat up

Financial Express Kochi

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December 20, 2025

Rapid hybrid growth narrows gap with EVs

- NITIN KUMAR

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.

Financial Express Kochi'den DAHA FAZLA HİKAYE

Financial Express Kochi

Crude import bill declines 11%

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1 min

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2 mins

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Piramal Finance exits Shriram Life for ₹600 cr

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time to read

1 min

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Financial Express Kochi

₹39,618-cr deal: MUFG buys 20% in Shriram Fin

· Largest foreign investment in financial services

time to read

1 min

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Transmission delays need holistic approach

I RECENTLY CAME across an article titled Transmission delays slow green push, published in The Financial Express, authored by Dhanendra Kumar, former Chairman of the Competition Commission of India, which primarily attributes transmission delays to Power Grid Corporation of India (POWERGRID).

time to read

5 mins

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Financial Express Kochi

China to allow export of rare earths for civilian use

CHINA ON FRIDAY said it will approve export of its rare-earth metals for civilian use, amid India's persistent calls for Beijing to lift curbs and resume the export of precious metals needed to manufacture a host of modern products.

time to read

1 min

December 20, 2025

Financial Express Kochi

CCI: AI raises new competition risks

THE RAPID ADOPTION OF artificial intelligence across sectors is creating fresh competition challenges, requiring closer coordination among regulators to keep markets open and safeguard consumer interests, Competition Commission of India (CCI) chairperson Ravneet Kaur said on Friday.

time to read

1 min

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Financial Express Kochi

Pulses imports likely to fall 45% in FY26

INDIA'S PULSES IMPORTS in the current fiscal are likely to decline by 45% to around 4 million tonne (MT) in FY26, from a record 7.34 MT in 2024-25, trade sources said citing adequate carry forward stocks and robust crop prospects.

time to read

1 mins

December 20, 2025

Financial Express Kochi

EV-hybrid subsidy battle set to heat up

Rapid hybrid growth narrows gap with EVs

time to read

2 mins

December 20, 2025

Financial Express Kochi

Australia plans gun buyback after Bondi massacre

AUSTRALIA WILL LAUNCH a national gun buyback scheme following the mass shooting in Sydney, Prime Minister Anthony Albanese said on Friday, as hundreds of surfers and swimmers paddled out at Bondi Beach to honour victims.

time to read

1 min

December 20, 2025

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