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No. The Honda Elevate hybrid will not be launched in India, as it was proving too expensive due to its many imported components.
However, you are right that Honda is revisiting its strong hybrid strategy, especially with slowing demand for EVs and growing interest in hybrids in the market. The company is currently developing an all-new platform (codename: PF2) that will support both hybrid and EV powertrains. This platform will underpin the next-generation Honda City, which will include a hybrid variant.
The good news is that, unlike the current City e:HEV, the next-gen hybrid will be more affordable, thanks to greater localisation of components. You can read more about the upcoming Honda hybrids, including new SUVs and the next-gen City hybrid, which will be significantly localised.
That said, this is still some time away, and no products based on the PF2 platform are expected to launch this year or next.
