Petrol above ₹100 redirects auto showroom footfall toward EVs and hybrids
With Delhi petrol at ₹102.12/litre and Mumbai at ₹111 after an ₹8 cumulative hike, dealers report buyers pivoting to EVs and fuel-efficient models. April e-scooter registrations hit 1.48 lakh units (+61% YoY), with FADA and CRISIL flagging accelerated adoption toward 2 million e-2W by FY27.
What happened
FADA · Petrol crossing ₹100 in Delhi is shifting Indian auto retail demand toward EVs, hybrids and fuel-efficient models. Dealers report rising showroom
Key facts
- ₹102.12/litre Delhi petrol
- ₹111/litre Mumbai
- ₹8 cumulative hike
- 1.48 lakh April e-scooter units
- 61% YoY e-scooter growth
- 2 million e-2W FY27
Why this matters
Scout bolt-on acquisitions in EV battery, swapping networks, or hybrid powertrain IP before valuations reprice on the petrol-driven adoption curve.