June 5, 2020. Maruti Suzuki India Ltd (MSIL), India’s largest carmaker, has achieved its highest ever sales of eco-friendly compressed natural gas (CNG) powered cars in fiscal year 2019-20–selling 106,443 factory-fitted natural gas vehicles across the country.
According to the firm, it has witnessed a 15.5 per cent CAGR increase in its CNG sales over the past five years. Going ahead, MSIL is expected to increase its thrust on CNG-powered vehicles since it has stopped selling diesel-powered vehicles and has no plans to launch electric vehicles in the near future.
Kenichi Ayukawa, Managing Director & CEO, Maruti Suzuki, said, “The government is working to rapidly increase CNG fuel pumps network in the country. There has been a phenomenal growth in number of CNG stations in last six years with over 50 per cent of growth coming in the last year alone. With the government’s clear focus, spread of CNG stations is set to increase significantly.”
Maruti Suzuki currently offers its customers several options of factory-fitted CNG-powered cars including Alto, WagonR, Eeco, Tour S, Ertiga and Super Carry. MSIL aims to sell the next set of a million green vehicles at a much faster pace. This ‘Mission Green Million’ will play a critical role in democratizing green cars, the firm said. During the Auto Expo held in February, MSIL had said that it would offer a host of options for customers across CNG, hybrid and electric cars.