Amidst the rising prices of petrol and diesel, the competition between the country’s two leading car makers, Maruti Suzuki and Hyundai, is going to be tough on CNG cars. Both the companies are eyeing to increase the sales of CNG vehicles, especially the entry-level ones. Maruti Suzuki plans to produce 250,000 CNG vehicles (60 per cent more than FY21) in the current fiscal. At the same time, Hyundai is expecting sales of CNG models to triple (35,000 units) this calendar year.
Shashank Srivastava, Executive Director (Marketing and Sales), Maruti Suzuki, said, “The demand for CNG vehicles has witnessed a rapid increase due to rising petrol and diesel prices and improving CNG availability. ” Let us know that Maruti Suzuki has a total of 8 CNG vehicles, which include Alto, S-Presso, Celerio, WagonR, Ertiga, Eeco, and Dzire. In the coming time, the company plans to offer CNG in all smaller models.
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Maruti Suzuki’s rival Hyundai is also expecting an increase in sales of CNG vehicles. Hoodi currently has CNG options available in three models – Aura, Santro and Nios. Speaking to ET, Tarun Garg, Director (Marketing and Sales), Hyundai Motor India (HMIL) expects the company’s CNG sales to grow to around 35,000 units in CY2021. Garg said that Hyundai will focus on petrol and CNG in smaller vehicles and will offer petrol and diesel options for its SUVs.
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Cost of Rs.1.60/KM
The cost of a petrol/diesel vehicle in Delhi is Rs.4-4.10 per km, while the running cost of a CNG vehicle is Rs.1.60-1.70 per km. Petrol and diesel prices in the country are at an all-time high. In many states, the price of petrol is beyond Rs 100. Petrol, diesel and CNG were priced at Rs 97.76 per liter, Rs 88.30 per liter and Rs 43.40 per kg respectively in Delhi on Thursday. Also, the CNG model costs Rs 75,000-80,000 more than the petrol, while the diesel variant costs Rs 1.25 to 1.50 lakh more than the petrol.