With petrol and diesel prices rising day by day in the country, people are turning to compressed natural gas (CNG) vehicles. As a result, their sales are growing significantly. The sales are high in the case of commercial vehicles than passenger vehicles. This is evidenced by the huge increase in sales of CNG-powered light commercial vehicles (LCVs) and small commercial vehicles (SCVs).
According to Tata Motors, LCV sales are expected to grow by 16 to 43 percent and SCV sales by 5 to 33 percent in 2021. The number of CNG vehicles, which accounted for just 3.4 percent of total commercial vehicles by 2021, has risen to 16 percent by the 10th of this month. This is attributed to lower operating costs of CNG vehicles, lower cost of CNG than diesel, and incentives from the government.
In Hyderabad on Sunday, a liter of diesel was priced at Rs 94.62 and a kilo of CNG at Rs 69. In this calculation, with a liter of diesel, a truck that can travel for 7 kilometers has a range of 7,000 km with 1,000 liters of diesel. For this, Rs.94,620 is being spent. CNG mileage on the other hand is almost identical to diesel.
According to this calculation, the CNG vehicle has a range of 7,000 km with a thousand kilograms of fuel. The cost of traveling the same distance is Rs 69,000. This is about Rs 25,000 less than the fuel cost of a diesel vehicle. As a result, many people are replacing their old diesel vehicles with CNG vehicles. The government subsidizes eco-friendly vehicles, including CNG. Vehicle dealers say this is another reason why buyers are turning to CNG vehicles.