Demand Boom Extends Delivery Timelines for EVs and CNG Cars
What Happened
Demand for electric vehicles (EVs) and CNG cars has surged ahead of the festive season, leading to delivery wait times of 3-4 months for several popular models. High-demand vehicles such as Tata's EV range, Maruti Suzuki's Brezza CNG, and some electric two-wheelers are seeing lengthy booking queues despite dealers holding about a month of overall inventory.
Key Takeaways
Consumer interest in cleaner-fuel vehicles is outpacing supply. Enquiries and bookings for EVs and CNG passenger vehicles have risen by more than 30%, while some models now carry waits of up to five months, indicating strong momentum for alternative-fuel mobility ahead of the festive buying season.