Fuel price hike hits car buyers: Are Indians choosing more EVs & CNG cars?
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Rising petrol and diesel prices amid the ongoing West Asia crisis are pushing Indian car buyers to rethink the total cost of ownership, not just the upfront price. This is accelerating interest in EVs, with their share in passenger vehicle retail sales rising to 5.77% in April 2026, according to the Federation of Automobile Dealers Associations. Fuel-cost concerns are actively influencing buying decisions, with many consumers shifting toward EV and CNG options. #petrol #diesel #evcar Important Playlists National News: https://www.youtube.com/playlist?list=PLK5e1a2965YXb9Oh62yur4MRCdRLL6gCt Business News: https://www.youtube.com/playlist?list=PLK5e1a2965YVXM88oXiuA1JMLZtODGP1y World News: https://www.youtube.com/playlist?list=PLK5e1a2965YW0Swy6-R3i50F5FbtDRiEe BS Decoded: https://www.youtube.com/playlist?list=PLK5e1a2965YWYuC7DEL8Lxl-rhiElowEE Want access to Business Standard’s premium insights? Join our exclusive LinkedIn communities and connect with top voices in the BFSI space
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