Article may be outdated

This article is 52 days old. Some details may have changed since publication.

Times of India·4 min read·medium

India’s car buyers shift from petrol as CNG, hybrid, EVs cross 42% sales share: Report

T
TRISHA MAHAJAN
India’s car buyers shift from petrol as CNG, hybrid, EVs cross 42% sales share: Report
✦AI Summary

A report indicates that sales of CNG, hybrid, and electric vehicles in India have surpassed petrol-powered cars for the first time, reaching 42% of the market share. This shift is driven by improved affordability and changing consumer preferences toward cleaner fuel alternatives.

Why it matters

This represents a significant transition in the world's most populous nation's automotive market, signaling a major shift toward sustainable transportation.

✦Dive DeeperCreate a free account to unlock

India’s passenger vehicle market is reportedly seeing a notable shift in consumer preference away from petrol, with CNG, hybrid and electric vehicles together accounting for 42% of sales in August 2026.For the first time, the combined share of these cleaner-fuel alternatives surpassed petrol, whose share fell to a record low of 41 per cent in August, compared with 46 per cent a year earlier, according to report by Equirus Securities, cited by ANI. CNG, meanwhile, rose to a record-high 25 per cent, up from 21% in August 2025.The shift came as overall passenger vehicle retail sales grew 16 per cent year-on-year in August, helped by improved affordability following GST rate cuts.Electric vehicles also continued to gain ground. EV sales jumped 52% year-on-year to 30,700 units during the month, taking their penetration to 7.7 per cent, compared with 5.9 per cent a year earlier.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businessenvironmenteconomy
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in