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Demand for CNG vehicles soars in 2024 due to stricter emission norms
The Morning Standard
|January 04, 2025
DEMAND for CNG-powered cars rose sharply in 2024 even as total passenger vehicles (PV) grew by less than 5% during the calendar year.
Partho Banerjee, senior executive officer of marketing and sales at Maruti Suzuki India (MSIL) said they sold 453,000 units in the period of April-December, a growth of 26.3% over 2023.
"In terms of the CNG penetration, the contribution has now increased to 38.7%. During the same period last year, it used to be 31.4%, indicating a growth of nearly 7.3%," added Banerjee. In CY24, CNG sales were over 5.76 lakh units for MSIL. The carmaker's total PV sales in 2024 stood at 17.91 lakh units, up by 2.7% year-on-year.
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