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EV push threatens CNG and PNG market as city gas firms brace for volume and price pressure: Report

4h agoen

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bignewsnetwork.comEV push threatens CNG and PNG market as city gas firms brace for volume and price pressure: Reportbignewsnetwork.com
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New Delhi [India], July 8 (ANI): Electric vehicles are gaining ground fast in key city gas areas and the surge is starting to eat into CNG market share and could weigh on long-term PNG demand too, according to a report by brokerage firm Dolat Capital. This comes in contrast to City Gas Distributors cutting prices to defend market share against propane. According to Dolat Capital's research report, CNG registratio

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