Auto Expo 2018: Tamo Racemo debuts in India

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A fast charging option is also expected to be available with the auto. China plans to cap its automobile carbon emissions by 2030.

"In order to stitch up a strategy (for EV segment) we are requesting to have a road map regarding plans of charging stations.Without a clear policy it will be hard to select models", Honda Cars India Ltd (HCIL) President and CEO Yoichiro Ueno told reporters. Though the government subsequently denied this target in parliament, it is still widely touted.

Almost all the companies at the country's biennial Auto Expo, which opens Friday, have at least one electric vehicle on display. The concept vehicle symbolises Maruti Suzuki's commitment to helping develop the entire life-cycle of EVs in India, including local manufacturing of components, charging infrastructure and recycling of batteries, the company said. It will be also be showcased at the company's experience stores in Bengaluru, New Delhi, and Mumbai.

Maruti Suzuki is also building a plant to manufacture lithium ion batteries along with Japanese electronics firm Toshiba and auto parts manufacturer Denso.

Honda X-Blade draws power from the same 162.7 cc single-cylinder, air-cooled motor that also powers the Honda Hornet 160.

It also showcased a new electric vehicle drivetrain MESMA (Mahindra Electric Scalable Modular Architecture) and Atom, a last-mile mobility vehicle. It will have a powerful electric drive of 300kW total output with a range of up to 500 km along with driver assistance systems for maximum safety, the company said.

Separately, Kia'a President Han-Woo Park told reporters at the event that the carmaker would focus on launching SUVs and hatchbacks in India and was also looking at introducing a compact electric vehicle. The company will highlight the future of mobility based on three pillars - clean, connected and convenient.

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The company is looking to expand electric vehicle segment.

Japan-based firm e-Gle also plans to tie up with Indian firms to commercialise the prototype of its electric auto, which is estimated to cost $20,000-30,000 depending upon the specifications, DNA Money had earlier reported. It is a premium 160cc motorcycle that has been showcased at Auto Expo 2018. The company is expected to launch its first EV in India by 2020.

Maruti Suzuki, the country's top carmaker with almost half the market, unveiled an electric Auto concept, as did big worldwide brands like Hyundai, Honda, Toyota and Daimler's Mercedes-Benz.

In fact, the two have much bigger pavilions displaying a slew of future products, from small premium vehicles and electric three-wheelers to electric buses.

Several auto executives, including from M&M and Honda Cars India, said the real game changer will be policy - whether the Centre brings out a new EV policy or retains the existing one.

Other companies claimed that the cost of participation are too high against the returns.