The HSBC Global Research report suggests that hybrid vehicles are a practical medium-term solution for India's decarbonisation drive as the country moves toward eventual electrification.
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Key aspects |
Hybrid vehicle |
Electric vehicle |
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Power source |
It use a combination of an internal combustion engine (ICE) and an electric motor. |
It is powered a solely by electricity from battery. |
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Energy source |
Electricity and fossil fuels like petrol and diesel are used as the source of energy to drive the vehicle. |
Electricity stored in batteries is the main source of energy to drive the car. |
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Fuel efficiency |
They are generally more fuel-efficient than traditional gasoline-powered vehicles but not as efficient as EVs |
They can be driven for longer distances on single charge. |
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Emissions |
They emit fewer pollutants and greenhouse gases compared to traditional gasoline-powered vehicles but still emit some emissions from ICE. |
They produce zero tailpipe emissions and are considered one of the cleanest forms of transportation. |
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Recharging |
They do not need to be recharged as they use gasoline to power the battery. The electric battery in hybrid vehicle can be recharged through regenerative braking and other methods. |
They must be plugged in for recharging. |
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Maintenance |
They require regular maintenance, including oil changes and other routine maintenance tasks associated with internal combustion engines |
They have fewer moving parts and generally require less maintenance. |
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Cost |
They are generally more affordable than electric vehicles |
The cost of electric vehicles is decreasing as technology improves and production increases. |
Total emissions include both vehicle emissions- tank to wheel (TTW) and crude mining/refining emissions and power generation emissions -- well to tank.
World Bank analysis shows that charging infrastructure is more effective than purchase subsidies in boosting EV demand.
To know about the problems of battery electric vehicles click here
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Steps taken to promote EVs |
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