India’s passenger vehicle sales are set to rise from 4.25 million in 2024 to 5.75 million by 2030. Currently, 77% of vehicles use ICE, while CNG, hybrids, and EVs hold smaller shares. By 2030, ICE cars will drop below 50%, with EVs, hybrids, and CNG filling the gap. Hybrids offer a transition solution but face high taxes.
Premium Content Access
This content is available exclusively to our paid subscribers. Please login to enjoy full access. If you’re interested in subscribing to access our premium content, please contact us at support@omnicoreplus.com.
