India's passenger vehicle market: CNG, hybrids and EVs outsell gasoline

UPDATE - follow-up to India's passenger vehicle market: CNG, hybrids and EVs outsell gasoline: India's passenger vehicle market has seen a significant shift, with the sales of CNG, hybrids, and electric vehicles (EVs) surpassing gasoline for the first time. According to latest data, in August 2026, these alternative fuels accounted for 41.95% of the market share, while gasoline slipped to 40.85%. The rise of CNG cars has been attributed to their affordability and ease of refueling, with a 25.28% market share. EVs have also seen a substantial growth, with August registrations increasing by 51.89% year-over-year and a 7.63% slice of the market. Hybrid vehicles have also joined the trend, with a 9.04% market share. Industry experts believe that this trend will continue, with CNG potentially leveling off soon, but EVs poised to reach 15% by fiscal 2030 as charging stations improve and favorable government policies are put in place. The shift towards cleaner and cheaper options is expected to continue, driven by the increasing number of budget-conscious buyers. As a result, gasoline's dominance is waning, and the market is transitioning to a more diverse multi-powertrain landscape.