CNG penetration higher in rural markets: Hyundai
CNG car penetration grew from 8.8% in FY22 to 10.7% in FY24 in urban markets, and from 7.1% in FY22 to 12.0% in FY24 in rural markets, says Hyundai Motor India.
CNG car penetration grew from 8.8% in FY22 to 10.7% in FY24 in urban markets, and from 7.1% in FY22 to 12.0% in FY24 in rural markets, says Hyundai Motor India.
The top 5 markets for CNG cars are Maharashtra, Gujarat, Uttar Pradesh, Haryana and Delhi, contributing nearly 70% to total CNG sales.
CNG car sales volumes were up by 40.7% in FY23 despite a 49% increase in CNG average prices during the year.