'Industry must seize government's favourable EV policies': Santosh Iyer

The company MD talks about how the company expects to see a marked growth in its EV penetration from 4-5 percent in the present day to around 25% in the next three-four years.

By Mugdha Mishra calendar 20 Sep 2023 Views icon5999 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
'Industry must seize government's favourable EV policies': Santosh Iyer

Mercedes-Benz India has launched its latest all-electric product - Mercedes-Benz EQE, priced at Rs 1.39 crore, ex-showroom. The company says it offers a strong value proposition compared to similarly-sized petrol- or diesel-powered cars, despite bringing the EQE through the CBU route. 

Santosh Iyer, Managing Director, Mercedes-Benz India talks about how the company expects to see a marked growth in its EV penetration from 4-5 percent in the present day to around 25% in the next three-four years. Sharing a broader perspective, Iyer further says that the present government policies around EVs are acting as a strong catalyst, and the industry must step on the accelerator pedal to bring more products, and consider their responsibility to develop the entire EV ecosystem, including charging infrastructure.

Mercedes-Benz India, which offers a portfolio of eco-friendly powertrain options, across petrol, diesel, and electric vehicles, believes that it is enabling potential customers with its eco-friendly solutions that all conform to the latest emission norms. Iyer says that the industry must strike a balance between petrol, and diesel, and EVs must take over both over a period of time.

RELATED ARTICLES
Transformation of Last-Mile Mobility in India | Panel Discussion

auther Autocar Pro News Desk calendar04 Dec 2023

The last-mile mobility segment has emerged as a low-hanging fruit in India’s EV transition which is witnessing the emerg...

Building the EV Supply Chain in India | Panel Discussion

auther Autocar Pro News Desk calendar02 Dec 2023

The price parity of EVs with ICE will determine their market penetration which would depend on the high levels of locali...

In Conversation with M&M's Pratap Bose

auther Autocar Pro News Desk calendar04 Nov 2023

Pratap Bose shares his insights with Autocar Professional on how product design is propelling the M&M brand to new heigh...