In the Union Budget 2008-2009, the excise duty cut have been proposed, this should boost the sales of hybrid cars.
Finance Minister has provided relief to auto manufacturers of hybrid cars by reducing the excise duty on them from 24% to 14%. These cars are currently not on sale in India, and use a combination of electric motors with gasoline/diesel engines to enhance efficiency and reduce pollution.
Effective April 1, 2008, the move paves the way for manufacturers such as Honda Siel, Toyota India and Mahindra & Mahindra to immediately launch their vehicles that were on display at the Auto Expo in January. These include the Honda Civic hybrid and the Mahindra Scorpio hybrid, while Toyota have displayed the technologies surrounding the Prius in past years.
Both the Prius and the Civic will enter through the import route, while the hybrid Scorpio will be developed and locally manufactured.
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This blog is to bring out the ideas which makes the use of renewable energy more popular and reach it to masses. It is to spread awareness that how the renewable energy can be used more effectively.
