CNG car sales surge 96% in first-half FY2022
CNG-powered cars see robust growth in a time of high petrol and diesel prices. Maruti Suzuki and Hyundai post strong gains even as Tata Motors is gearing upto enter the segment.
Even as petrol and diesel retail price has fallen since November 4 due to the Central government cutting its excise duty by Rs 5 and Rs 10 a litre respectively, the market is seeing growing demand for CNG-powered cars. In the first half of FY2022 (April-September 2021), industry data reveals that a total of 101,412 CNG cars were sold in India, which constitutes robust 97% year-on-year growth (April-September 2020: 51,448 units).
Wallet- and eco-friendly fuel
From a consumer’s point of view, other than the environment-friendliness of CNG, a CNG-powered car provides considerable savings compared to its petrol or diesel-engined ...
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