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Auto firms want clean energy to fuel 50% of cars sold by '30
October 24, 2025
|Mint Chennai
It will require them to increase contribution of clean vehicles ten-fold over the next 5 years
Maruti Suzuki India and Hyundai Motor India target EVs, hybrid, and CNG vehicles to achieve the goal, while Tata Motors is focusing on EVs and CNG.
(REUTERS)
India's top carmakers have set an ambitious goal of achieving more than half their sales through electric vehicles, hybrids and CNG-fuelled cars by 2030—a push that will require them to increase the contribution from cleaner vehicles by up to 10 times over the next five years.
Maruti Suzuki India Ltd and Hyundai Motor India Ltd target EVs, hybrid, and CNG vehicles to achieve the goal, while Tata Motors is focusing on EVs and CNG, according to their presentations and disclosures to investors. Mahindra and Mahindra Ltd has previously stated that it aims to reach 30% of sales through EVs by 2030, with no stated plan of introducing hybrid and CNG vehicles yet.
EVs made up about 3%, while hybrids constituted 2% of India's domestic passenger vehicle sales of 4.3 million units in the fiscal ended March 2025. Compressed natural gas (CNG) vehicles contributed 19%, with the remaining 76% coming from petrol and diesel-fuelled internal combustion engine vehicles.
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Sebi bats for more transparent MF fees, less biz curbs
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