Alternative-fuel cars edge past petrol in India’s August retail sales
Alternative-fuel passenger vehicles took a 41.9% share of India’s August retail sales, ahead of petrol at 40.8%, led by CNG at 25.2%. Maruti Suzuki held about 71% of CNG car sales, while Tata Motors accounted for roughly 43% of electric passenger-vehicle sales.
What happened
Alternative-fuel vehicles overtook petrol in India passenger-vehicle retail sales in August, led by CNG. Maruti Suzuki dominated CNG and Tata Motors led
Key facts
- Alternative-fuel passenger vehicles: 41.9% share in August
- Petrol passenger vehicles: 40.8% share
- CNG: 25.2% share
- Hybrids: 9% share
- EV passenger vehicles: 7.6% share
- Diesel: 17.2% share
- Maruti Suzuki CNG share: around 71%
- Tata Motors electric passenger vehicle share: around 43%
- Two-wheeler EV penetration: 10.7%, versus 7.7% a year earlier
- Three-wheeler EV share: 65.3%, versus 56.6% a year earlier
- Commercial-vehicle EV share: 5.2%, versus 2.1% a year earlier
- EV retail sales across categories: 2.98 lakh units, up 52.9% year-on-year
Why this matters
The fuel-mix shift increases the strategic value of partnerships and acquisitions across CNG infrastructure, EV charging, batteries, and alternative-fuel distribution.