economy

Step aside Tesla, BYD: Japanese carmakers deepen their hold on India's auto market with hybrids

In the world's third-largest auto market, demand for hybrid cars is racing ahead of EVs, deepening the hold of Japanese carmakers in India.

Step aside Tesla, BYD: Japanese carmakers deepen their hold on India's auto market with hybrids

TL;DR

  • Japanese carmakers are deepening their hold on the Indian auto market.
  • Demand for hybrid cars is surging ahead of electric vehicles (EVs).
  • India is the world's third-largest auto market.