Economy

Alternative Fuel Vehicles Gain Market Share Amid E20 Uncertainty

Reuters1h
THE BRIEF
1

Sales of CNG, hybrid, and electric vehicles are nearing parity with pure-petrol cars in India as consumer uncertainty regarding E20 fuel grows.

2

The Federation of Automobile Dealers Associations (FADA) reported a shift in buyer preference, citing concerns over engine compatibility and long-term maintenance costs.

3

Automakers are responding to the trend by prioritizing hybrid and EV production lines to mitigate the declining demand for traditional petrol-only passenger vehicles.