Government aid puts hybrid on same price level as gasoline model.
MUMBAI – Toyota Kirloskar launches the latest Toyota Camry hybrid in India. The locally produced sedan is competitively priced at Rs2.98 million ($44,500), the same as the gasoline-powered Camry sold in the country. This is possible because each Camry hybrid expects to qualify for a subsidy of Rs200,000 ($3,000) from the government’s National Electric Mobility Mission Plan 2020. The program is funded with Rs230 billion ($3.4 billion) for providing such assistance for buyers ...
Premium Content (PAID Subscription Required)
"Indian Subsidies Could Amp Up Camry Hybrid Sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642