India gets 1st hybrid car, but at fancy price
India got its first hybrid car on Wednesday with Honda rolling out a petrol-electric version of its Civic sedan. The car will be more eco-friendly and fuel efficient (for its class) than any other in the market but will remain a niche product. The reason? The Civic hybrid has come with a prohibitive price tag of Rs 21.5 lakh (ex-showroom, Delhi), twice the price of the petrol Civic, thanks to accumulated duties, including customs, of 104%. This virtually makes the country's search for green and fuel-efficient options a non-starter.