As petrol-diesel became more expensive, people now turned to CNG vehicles

- 4% increase in sales of CNG vehicles in the financial year 2020-21

With the sharp rise in petrol and diesel prices, it has gone up by Rs. Inflation has risen to close to 100. On the other hand, the demand for new two-wheelers as well as passenger vehicles has declined due to rising cost of living. As an alternative to this adversity, people are now turning to CNG and electric vehicles. It also saw a significant increase in sales of CNG vehicles during the last financial year 2020-21, when people preferred CNG vehicles.

According to sources in the auto industry, the rise in international crude oil prices has also affected the sales of vehicles due to the continuous rise in domestic petrol-diesel prices. As people now turn to CNG vehicles as an alternative, the demand for CNG vehicles with this type of company fitted kit has increased significantly. However, due to the adverse effects of the epidemic, the production of CNG vehicles has been affected due to the shortage of oxygen in CNG cylinders. This has led to a long waiting period in CNG vehicles. Currently, these vehicles have a waiting period of four to five months.

CNG cars are much cheaper to drive than petrol and diesel cars. As the price of CNG is much lower than that of petrol-diesel, the owners of CNG vehicles get a benefit of up to 5 per cent. Car in a liter of petrol 15 to 20 km. going on. In front of it, the vehicle gives an average of 3 to 4 km in one kg of CNG. Petrol price has gone up by Rs. Around 8 to 100. While CNG costs Rs. Available at a price of around Rs. Thus, CNG vehicle owners benefit greatly.

Due to this, sales of CNG vehicles have increased by 3% in the last financial year. The share of CNG cars in total car sales has also increased to 5 per cent. With the growing demand for CNG vehicles, auto companies are also now focusing on vehicles with fitted kits.

The government is also currently focusing on the development of CNG filling infrastructure. As a result, the number of CNG filling stations on cities and highways across the country has increased to more than 200. Thus, people who have readily available CNG are increasingly turning to CNG vehicles.

It may be mentioned here that people are hesitant to buy electric vehicles as the number of electric charging stations is less than that of CNG filling stations. Experts believe that sales of electric vehicles will increase as the number of electric charging stations in the country, like CNG, increases.