The contribution of CNG-powered autos to Hyundai Motor India’s total gross sales hit a document 14.9 % in October on the again of robust demand in that section and the corporate’s robust portfolio of entry-level CNG fashions.
- Hyundai gives CNG variants for Exter, Aura and Nios
- CNG fashions made up 12.8 % of its April-October gross sales
- The share of CNG fashions in automotive gross sales is greater in rural markets
The corporate lately launched its twin CNG cylinder setup within the Grand i10 Nios and Exeterfollowing which each fashions recorded incremental gross sales numbers because it supplied higher boot house and better gas effectivity.
“We repeatedly hearken to our prospects’ suggestions. The introduction of Hy-CNG Duo is geared toward assembly buyer calls for of offering ample house with excessive mileage and security. This has helped us obtain the highest-ever CNG penetration of 14.9 % in October 2024,” stated Hyundai India’s chief working officer Tarun Garg.
Other than the Grand i10 and Exter, Hyundai additionally gives the Aura with a CNG powertrain. The share of CNG fashions in Hyundai’s gross sales volumes within the first seven months (April-October) of the present monetary 12 months stands at 12.8 %. Pune, New Delhi and Ahmedabad are the highest three cities the place Hyundai witnessed robust demand for CNG fashions.
In the course of the monetary 12 months that resulted in March 2024, CNG autos comprised 11.4 % of Hyundai’s total gross sales. In rural markets, their share has improved quickly through the years to 12 %, and in city markets, it’s at 10.7 %.
In October, CNG made up 17.4 % of Grand i10 Nios’ gross sales; the quantity was 39.7 % for Exter and 90.6 % for Aura. Garg famous that going ahead, the rise in CNG stations throughout the nation will additional increase the gross sales of CNG fashions. “At current, India already has greater than 7,000 CNG stations, and the intention is to have roughly 17,500 CNG stations by 2030, which is able to additional gas the CNG demand.”
CNG market share for Maruti Suzuki, Tata Motors
Maruti Suzuki is the biggest participant within the CNG section, with round 72 % market share. With round 12 CNG choices in its portfolio, CNG fashions account for roughly 28 % of its gross sales. Maruti has set a goal of promoting 6 lakh CNG fashions this 12 months. For Tata Motors, CNG fashions accounted for 21 % of gross sales quantity throughout the first half of the present monetary 12 months, up from 16 % within the year-ago interval.
Additionally See:
Maruti Suzuki small automotive gross sales rise due to robust rural demand
Mahindra Thar gross sales cross 2 lakh items
Thanks for taking the time to learn this text! I hope you discovered the knowledge insightful and useful. In the event you loved this sort of content material, please contemplate subscribing to our publication or becoming a member of our neighborhood. We’d like to have you ever! Be at liberty to share this text along with your family and friends, who may also discover it fascinating.
Kanishk Singh has always had a keen interest in fast-paced cars. For the past three years, he has been writing about automobiles, but his fascination with cars dates back even further. He thoroughly enjoys learning about their features and expressing his thoughts through his writing. Kanishk also has a profound interest in the stock market, shares, and business strategies. He possesses a wealth of knowledge on these subjects and consistently writes articles on them. Currently, he is working as a writer for Lattestnews24, specifically focusing on the Automobile, Finance, and Business categories. His well-crafted words are highly appreciated by the readers, as they find them both informative and creative.