Saturday, October 31, 2020

Carmakers are betting big on factory-fitted CNG variants amid rising demand

Though passenger vehicles’ sales fell 18% last year, say industry watchers, CNG car sales increased 7% to over 117,000 units in FY20. The number of CNG vehicles on the roads rose from 22 lakh to 34 lakh in the last 5-7 years. Sales of CNG vehicles are projected to shoot up in double digits in the current financial year on lower running costs and wider availability of the fuel. Car companies are making the most of the trend.

from Auto-Industry-Economic Times https://ift.tt/3oMUGAz

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