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Alternative fuel use in commercial vehicles to hit 45% by FY30: ICRA

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  1. ICRA projects CNG and LNG use in India's commercial vehicles will reach 30-35% by 2029-30.

  2. Overall alternative fuel penetration, including electric, will hit 40-45% by FY30.

  3. The projection cites cost benefits and stricter emission norms as drivers.

2h ago · original ↗
Alternative fuel use in commercial vehicles to hit 45% by FY30: ICRA · in5points