Truck cos look at CNG, as diesel turns pricey
Chennai: The sharp rise in diesel prices is catalysing a shift in the light and medium duty truck market — towards CNG with the gas powered small trucks selling 40% of all sales from less than 10% in 2019, driven by economic considerations.
A light/medium truck runs 7,000 km per month and uses up 1,000 litre of diesel now costs between Rs 90,000-Rs 95,000 on fuel bills while a CNG powered truck will need just Rs 50,000.
Truckers and fleet operators are pushing for CNG vehicles for shorter hauls. Companies including Tata Motors, VECV, M&M and others are cranking out their CNG strategy while others (Ashok Leyland and DICV) are looking at a larger alternative fuel strategy.
