Alternative-Fuel Passenger Vehicles Capture 40% Market Share, Rivaling Petrol

Automotive

7 August 2026 at 9:59 am

Alternative-Fuel Passenger Vehicles Capture 40% Market Share, Rivaling Petrol

HyperFast News

Summary

Alternative-fuel passenger vehicles now account for 40% of the retail market, nearly matching petrol-powered vehicles. July saw record-high automobile sales, with electric two-wheelers also experiencing significant market penetration, indicating a shift towards more cost-effective transportation options.

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