Are Hybrids Better Than EV: Majority of automakers are betting on electric vehicles (EVs); but a few carmakers are more inclined to hybrids. Automakers like Maruti Suzuki and Toyota believe alternative fuels are the future of India. Toyota has set an example where it prefers to stay low from the currently widely adapted technology for electric vehicles.
In all, the government has received 1,050,000 claims for incentives from companies registered under FAME II. Of this, MHI has not approved claims on 400,000 electric two-wheelers.
A senior government official said debarring these companies from availing government subsidies in the future as well as not allowing them to avail sops on vehicles sold over the last 15 months were some of the steps under consideration.