VERIFIEDET Finance·4 Oct 2026neutral

Half a dozen small hybrids getting ready for Indian launch

AI Summary

·Maruti Suzuki, Hyundai, Toyota, and Renault are planning to launch approximately six small hybrid vehicles in India within the next 18-24 months.
·The launch is driven by an 18% Goods and Services Tax (GST) on compact cars and stricter Corporate Average Fuel Economy (CAFE 3) regulations.
·The growing popularity of the sub-four-metre vehicle segment is motivating manufacturers to develop affordable hybrid options.