Business

Petrol Loses Pole Position: CNG, Hybrids and EVs Race Ahead in India's Car Market

Published: 16 August 2026 · 1 min read

What Happened

Petrol cars are steadily losing market share across major Indian states as buyers increasingly opt for CNG, hybrid and electric vehicles due to lower running costs and better fuel efficiency. In July 2026, the combined share of CNG, hybrid and EV passenger vehicles rose to 40.59%, almost matching petrol's 41.68% share.

Key Takeaways

India's car market is shifting from a petrol-versus-diesel choice to a multi-powertrain era, where CNG, hybrids and EVs are becoming mainstream. The trend is prompting automakers to expand alternative-fuel offerings as consumers prioritize affordability, efficiency and cleaner mobility.

Sources

Economic Times