Mumbai Toyota Kirloskar Motor is focusing on hybrid vehicles with an aim to cut down on overall carbon emissions, while also planning to bring electric vehicles (EVs) to the country in the future. Vikram Kirloskar, Vice Chairman of the company said this. The company on Friday launched a new hybrid version of its popular multi-purpose vehicle Innova, ‘Innova Highcross’.
When Vikram Kirloskar was asked why Toyota Kirloskar Motor’s strategy is to focus on hybrid vehicles at a time when Electric Vehicles (EVs) are gaining ground in India, he replied, “I think the country’s objective is To reduce carbon emissions. You have to look at it holistically and on a scientific basis and that is what we are doing.
He said that considering the current low level of renewable energy sources in India, it is not necessary that electric vehicles will be able to meet the objective of reducing carbon emissions. Kirloskar said, renewable electricity in India will be more than 50-60 percent, then definitely everything will be electricity based, we can also bring electric vehicles. As of September 30, 2022, total fossil fuels account for 57.9 percent and non-fossil fuels 42.1 percent of India’s installed electricity generation capacity, according to government data.