Hyundai Motor India bets on CNG vehicles, sees accelerated demand

Quick Summary:

Hyundai Motor India has seen an increase in contribution of the CNG models to its domestic sales to 11.4% in FY24 from 9.1% in FY22.

Its overall vehicle sales across different fuel options stood at 3.54 lakh units in the domestic market during the period.

So far in the April-October period this fiscal, the contribution of CNG models to the company's domestic sales has risen to 12.8%.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Sales Vehicles Penetration Fuel Hmil Models Domestic Company Fy22 India Fy24

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 08:17:01 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 493 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23626559

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