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Demand for CNG, electric 3Ws surges in April-November, diesel nosedives

Demand for both CNG and electric models grows three-fold; diesel sales down by nearly 40% and its market share by 30%.

By Ajit Dalvi

26 Dec 2021

7900 Views

Of the 149,666 units sold in April-November, 67,927 units were CNG (45% market share) while electric were 12,303 units (8% share). Diesel demand fell by 39% to 45,690 units (market share down by 38%)

The three-wheeler market in India is having a good run, albeit in some sub-segments. In the April-November 2021 period, a total of 149,666 units were sold, marking 35.80% year-on-year growth. While passenger carriers clocked 64% YoY growth, goods or cargo-carrying three-wheelers in comparison saw tepid 4.3% growth.

A quick glance at the fuel-wise sales (above) in the period under review reveals the continued surge for CNG-powered and electric three-wheelers, of course at the cost of their petrol and diesel siblings. That’s not surprising considering petrol and diesel are far more expensive than the other two eco-friendly options.

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