New Delhi: 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.
