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The Economic Times
The Economic Times
Business

India's passenger vehicle market tilts towards cleaner fuels; alternatives cross petrol: Report

Petrol India Natural Gas

New Delhi: The shift towards cleaner-fuel vehicles is gaining momentum in India, with CNG, hybrid and electric vehicles together accounting for 42 per cent of passenger vehicle sales in August, "surpassing petrol for the first time," according to a report by Equirus Securities.

As per the report, passenger vehicle (PV) retail sales grew 16 per cent YoY in Aug'26, supported by improved affordability following GST rate cuts.

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