India's passenger vehicle market is on the verge of a historic shift, with alternative fuels, CNG, hybrid and electric, closing in on petrol's share for the first time, the Federation of Automobile Dealers Associations (FADA) said in its July 2026 retail data released Thursday.
Alternative-fuel vehicles accounted for 40.59% of PV retails in July, just 1.09 percentage points behind petrol's 41.68% share. A year ago, that gap stood at 13.21 percentage points, underlining how quickly the fuel mix is turning. Within the alternative-fuel basket, CNG led with 24.67%, followed by hybrid at 8.02% and EV at 7.90%.