Hyundai Motor India To Focus On CNG Vehicles Amidst Rising Demand
Hyundai Motor India Ltd plans to focus on CNG fuel option going ahead in order to cater to the increasing demand across rural and urban markets in the country. The automaker intends to focus on sales of models equipped with the CNG technology, a senior official at the firm said.
Currently, Hyundai Motor provides CNG option in three models, namely, the Grand i10 NIOS, AURA, and Exter. The company has recorded a rise in contribution of CNG models to its domestic sales from 9.1 per cent in the 2021-22 financial year (FY22) to 11.4 per cent in the 2023-24 fiscal year (FY24), reported PTI.
In the April-October period in the current fiscal year, the CNG vehicles accounted for 12.8 per cent of the overall domestic sales of the firm. During the period, the vehicle sales across fuel options touched...