CNG Vehicle Sales February 2024: 97,897 Units, Up 44% YoY
Full Vahan registration report for February 2024 — total volume, month-on-month and year-on-year change, every major CNG maker ranked by share, which segments those CNG vehicles are in, and the state-wise picture.
How February went
India's CNG and LPG vehicle market registered 97,897 vehicles in February 2024. Volumes jumped 43.5% against February 2023, and fell 16.0% on January.
That is 14 consecutive months of year-on-year growth for the segment. Year to date, 2,14,439 units have been registered across 2 months, +41.1% on the same stretch of 2023 (1,51,945). The segment accounted for 4.6% of every vehicle registered in India that month.
February is the shortest month on the calendar, which flatters its daily run-rate and flatters nothing else.
Monthly CNG vehicle registrations, 2023–2026
One line per calendar year — the shape of the year, not just its total. The dashed end of the current year is the month so far.
Manufacturer scoreboard
CNG and LPG registrations per manufacturer over full-year 2024, and how each company's share of the CNG market has moved against full-year 2023.
On share rather than volume — the number that decides who is actually winning — Tata Motors (PV) has added 2.51pp of the segment in 2024, while Bajaj Auto has given up 2.94pp.
Top 10 CNG manufacturers, 2024
CNG and LPG registrations year to date
Exact segment volume per manufacturer over full-year 2024, and the change in share against full-year 2023.
| # | Manufacturer | 2024 units | Share | vs full-year 2023 |
|---|---|---|---|---|
| 1 | Maruti Suzuki | 5,80,014 | 44.05% | +1.26pp |
| 2 | Bajaj Auto | 3,92,939 | 29.84% | −2.94pp |
| 3 | Tata Motors (PV) | 1,19,366 | 9.07% | +2.51pp |
| 4 | Hyundai | 75,641 | 5.74% | −0.47pp |
| 5 | Tata Motors | 44,290 | 3.36% | +0.17pp |
| 6 | Piaggio | 21,897 | 1.66% | −0.70pp |
| 7 | TVS Motor | 21,808 | 1.66% | +0.19pp |
| 8 | Toyota Kirloskar | 16,506 | 1.25% | +0.52pp |
| 9 | Mahindra | 12,724 | 0.97% | −0.62pp |
| 10 | VECV (Eicher) | 6,027 | 0.46% | −0.04pp |
| 11 | Ashok Leyland | 4,903 | 0.37% | +0.13pp |
| 12 | Atul Auto | 4,180 | 0.32% | −0.13pp |
| 13 | Mahindra Last Mile | 3,979 | 0.30% | +0.25pp |
| 14 | Honda Cars | 3,636 | 0.28% | +0.11pp |
| 15 | Kia India | 1,778 | 0.14% | −0.01pp |
Where the CNG vehicles are
Cars & UVs account for 43.8% of every CNG registered in 2024 — 5,77,011 units, a share move of +2.33pp against full-year 2023.
CNG volume by segment, 2024
Share of segment registrations year to date
The full-year 2024 mix.
| Segment | 2024 units | Share | vs full-year 2023 |
|---|---|---|---|
| Cars & UVs | 5,77,011 | 43.82% | +2.33pp |
| Three-Wheelers | 4,06,883 | 30.90% | −6.71pp |
| Taxis & Cabs | 1,92,555 | 14.62% | +2.32pp |
| Goods Carriers | 91,643 | 6.96% | −0.84pp |
| Two-Wheelers | 38,748 | 2.94% | +2.94pp |
| Buses | 7,755 | 0.59% | +0.11pp |
| Other | 2,067 | 0.16% | −0.15pp |
| Tractors | 2 | 0.00% | 0.00pp |
Share is of this report's own scope over full-year 2024, compared with the whole of 2023.
Where the demand is
Maharashtra was the largest market in full-year 2024 with 2,56,710 registrations, 19.5% of the segment's national total. Gujarat (2,23,306) and Uttar Pradesh (1,77,794) followed. Rajasthan has gained the most ground, adding 0.83pp of the national total.
Segment registrations over full-year 2024, by state.
| # | State | Units | Share | vs full-year 2023 |
|---|---|---|---|---|
| 1 | Maharashtra | 2,56,710 | 19.5% | +0.51pp |
| 2 | Gujarat | 2,23,306 | 17.0% | −0.90pp |
| 3 | Uttar Pradesh | 1,77,794 | 13.5% | −0.60pp |
| 4 | Haryana | 1,17,478 | 8.9% | +0.14pp |
| 5 | Karnataka | 95,410 | 7.2% | +0.71pp |
| 6 | Delhi | 72,324 | 5.5% | −0.98pp |
| 7 | Rajasthan | 66,946 | 5.1% | +0.83pp |
| 8 | Tamil Nadu | 64,267 | 4.9% | +0.54pp |
| 9 | Madhya Pradesh | 53,777 | 4.1% | +0.75pp |
| 10 | Bihar | 44,422 | 3.4% | −0.09pp |
| 11 | Telangana | 41,222 | 3.1% | −0.35pp |
| 12 | Kerala | 20,386 | 1.5% | −0.51pp |
Frequently asked questions
How many CNG vehicles were sold in India in February 2024?
Which company sells the most CNG vehicles in India?
What is the CNG vehicle market share in India in 2024?
Which state registers the most CNG vehicles in India?
Are these wholesale dispatches or retail sales?
CNG Vehicle sales, earlier months
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
