Bulletin Updates
EVs, Ethanol and CNG to cut India's petrol, diesel demand growth to half – 25 Nov 2021
Nov 25, 2021
Growth in demand for petrol and diesel combined will likely decline to 1.5 per cent per annum this decade, compared with 4.9 per cent in the last, because of increasing blending of ethanol with petrol, and rising usage of vehicles powered by compressed natural gas (CNG) and electricity (EVs), according to rating agency CRISIL.
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