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

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.

Raccontata daeconomictimes.indiatimes.com