If launched, the Corolla Altis Hybrid is expected to be the range-topping offering. The current Corolla is priced between Rs 15.70 - 19.64 lakh (ex-showroom, New Delhi), while its arch rival, the Skoda Octavia, has a price range of Rs 16.02 - 26.25 lakh (ex-showroom, pan India). So, Toyota has enough window to position the Corolla at somewhere between Rs 20 - 25 lakh. Moreover, the next Toyota sedan, the Camry Hybrid, is priced (Rs 37.22 lakh ex-Delhi) at a premium of around Rs 17 lakh compared to the current Corolla. Also, with the implementation of BSVI emission norms, prices of diesel cars are expected to increase substantially compared to their petrol counterparts. In this case, the hybrids could easily replace diesels as they offer better refinement levels and diesel-like efficiency.