Mercedes-Benz India sees scope for plug-in hybrids in luxury segment ...Middle East

Business Standard - Economy

Mercedes-Benz India sees potential for plug-in hybrid vehicles in the luxury segment, as consumers are willing to pay a premium over pure electric or conventional ICE models for electric driving range, combustion engine flexibility, and better resale value than fully electric vehicles, a top executive said. In an interview with PTI, Mercedes-Benz India CEO Santosh Iyer said plug-in hybrids could address some concerns associated with electric vehicles, including charging infrastructure and range anxiety. "I think it is a good interim technology for the customer because today, each powertrain has its pros and cons," Iyer said. "When you look at a plug-in hybrid, it balances both worlds. You get, like in the S-Class hybrid Maybach, a 100 kilometers EV range for everyday driving to your office and back. In case you are not able to charge the car, you can drive it in combustion engine mode." Iyer said plug-in hybrids are priced 5-6 per cent higher than electric or conventional engine ca

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Last updated : 11 October 2026 clock 02:26 PM

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Mercedes-Benz India sees scope for plug-in hybrids in luxury segment ...Middle East

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