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Want continuity of policy backing EVs for 8-10 yrs: Mercedes-Benz India MD

Mercedes-Benz India wants the government to commit to continuity in policies that support electric mobility for the next eight to ten years, for stable and better planning towards zero emission mobility, its Managing Director and CEO Santosh Iyer said on Tuesday. Besides, the company feels that providing the incentives given to electric vehicles to hybrid vehicles will extend the timeline for transition to emission free mobility."We have already three (EV) products in the market with which we achieved 5-6 per cent penetration and we will continue with the EQA (to be launched next week) to further penetrate," Iyer said. Two more EV models will be launched later this year, he added. In the first quarter of 2024, the company had posted total sales of 5,412 units, growth of 15 per cent from the year-ago period. On local assembly of EVs in India, Iyer said Mercedes-Benz India will consider other models too depending on demand. It currently assembles EQS at its Chakan plant.