We have the sales data of the three brands (Honda, Maruti and Toyota) which sell strong hybrid cars.
BHPian ferrarirules recently shared this with other enthusiasts:
Curious case of Strong Hybrid cars not selling in high numbers even after registration waiver in UP
I have been tracking the impact of registration waiver on the adoption of strong hybrid cars in Uttar Pradesh. The orders were passed in July 2024 so a considerable 3 months including the festival month of October have passed but the sales of strong hybrid are not skyrocketing.
Let’s see the data for Uttar Pradesh of the three brands (Honda, Maruti, Toyota) which sell strong hybrid cars.
Sales trend of Strong Hybrids in UP for the last 4 months
Sales trend of Mild Hybrids in UP for the last 4 months
*Data for only Honda is non-hybrid cars as Honda doesn’t have mild hybrid tech
Data Source – Vahan dashboard
As we can see from the data, the sales of non-strong hybrid cars are much higher. This is clearly reflecting that the registration waiver is not making the buyer switch the decision.
I tried to analyze the why and it lies in the pricing of the strong hybrid cars being way more than their non-strong hybrid counterparts. Strong hybrid cars even get a 2% GST cess benefit. Despite all this, the ex-showroom price of strong hybrid cars is more than the on-road price of non-strong hybrid cars.
Example
- Toyota Hyryder V Hybrid is Rs.19,99,000 ex-showroom and V AT Neodrive is Rs.19,85,257 on-road Noida
- Maruti Suzuki Grand Vitara Alpha Plus Hybrid is Rs.19,93,000 and Alpha Smart Hybrid is Rs.19,44,819 on-road Noida
Conclusion
Based on the above evidence, providing a registration tax waiver on strong hybrid cars is not helping the adoption. The manufacturers really need to look at the pricing of strong hybrids if they want to drive adoption.
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