{"id":493527,"date":"2022-05-25T12:50:25","date_gmt":"2022-05-25T07:20:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493527"},"modified":"2022-05-25T12:50:25","modified_gmt":"2022-05-25T07:20:25","slug":"rising-fuel-costs-expensive-evs-making-cng-a-welcome-relief","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rising-fuel-costs-expensive-evs-making-cng-a-welcome-relief\/","title":{"rendered":"Rising fuel costs, expensive EVs making CNG a welcome relief"},"content":{"rendered":"<p>Rising fuel costs and prohibitively expensive electric vehicles are making compressed natural gas (CNG) \u201ca welcome relief and alternate fuel\u201d for mobility for Indian consumers, according to a report by NRI (Nomura Research Institute) Consulting &amp; Solutions.<\/p>\n<p>CNG vehicle sales continued to grow in FY22, rising by 55 per cent to 2,65,383 units in FY22 compared to 1,71,288 units in FY21, as per NRI\u2019s report titled \u2018Path to clean mobility: Increasing penetration of NGVs in India\u2019.<\/p>\n<p>In the last five years, the penetration of CNG vehicles has also increased, and its parc has grown at a CAGR of 5.3 per cent to 37.97 lakh units as of March 2022 from 30.90 lakh units in March 2018, the report said. \u201cWith increased differential TCO (total cost of ownership) benefits compared to other fuels, CNG is gaining more prominence among consumer preference post-BS-VI. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising fuel costs and prohibitively expensive electric vehicles are making compressed natural gas (CNG) \u201ca welcome relief and alternate fuel\u201d for mobility for Indian consumers, according to a report by NRI (Nomura Research Institute) Consulting &amp; Solutions. CNG vehicle sales continued to grow in FY22, rising by 55 per cent to 2,65,383 units in FY22 compared to 1,71,288 units in FY21, as per NRI\u2019s report titled \u2018Path to clean mobility: Increasing penetration of NGVs in India\u2019. In the last five years, the penetration of CNG vehicles has also increased, and its parc has grown at a CAGR of 5.3 per [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-493527","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=493527"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493527\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}