Mint Quick Edit | Electric vehicle sales are on a fast track: war has done what policy couldn't
New Delhi, July 7 -- June's passenger vehicle retail sales figure shows continued momentum, with a 29% rise from a year earlier to 410,853 units. Cumulatively for the first quarter of 2026-27, sales were up a remarkable 23% from that of 2025-26.
Since automobiles comprise a big chunk of Indian manufacturing and are also big-ticket purchases, their robust offtake suggests both a buoyant factory sector and strong domestic demand.
What stands out from the data, though, is a clear shift towards vehicles running on alternative fuels. With the war in West Asia having pushed up petrol prices, consumers are buying a larger proportion of CNG, hybrid and electric vehicles (EVs). Though CNG cars account for 24% of June's total sales, about three t...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.