4 days ago

EV and CNG Car Waiting Times Rise Before Festival Season

EV and CNG Car Waiting Times Rise Before Festival Season
EV, CNG car waiting jump to 3-4 months ahead of festival season · thehindubusinessline.com

Many people in India are planning to buy vehicles during the festival season.

Dealers have vehicles in stock, but not always the exact model, battery, engine, or version customers want.

This means some buyers may wait two to five months.

Electric cars and CNG cars are becoming especially popular.

Their bookings are growing faster than bookings for regular petrol and diesel vehicles.

Some electric scooters, such as the TVS iQube, also have long queues.

However, not every electric car is difficult to get, because waiting times differ greatly between models.

The report says demand is concentrated on certain new launches, prices, batteries, and variants.

Key facts

Passenger-vehicle inventory
Approximately four weeks.
Two-wheeler inventory
Approximately four to five weeks.
Electric-car waiting period
Three to four months for high-demand models, up from about one month five months earlier.
Electric and CNG booking growth
More than 30% for passenger vehicles.
Electric two-wheeler demand growth
30-40%, compared with 10-12% organic enquiry growth for the broader two-wheeler market.
Longest cited EV waits
18-24 weeks for the Tiago EV Smart 19, Tiago EV Pure+ 19, and Punch EV Smart 30.
Shortest cited EV wait
One to two weeks for the Curvv EV.

Sources

Related news