Petrol above ₹100 redirects Indian auto buyers toward EVs, hybrids and fuel-sippers

With Delhi petrol at ₹102.12 and Mumbai at ₹111 after an ₹8 cumulative hike, dealers across Toyota, Honda, Mahindra, Bajaj and Ather networks report rising EV and hybrid inquiries. Electric scooter registrations hit 1.48 lakh in April, up 61% YoY, with 2 million e-2W units expected this year.

— Filed Mon, 25 May, 2026, 20:40 IST · Source BL · Consumer & Economy · Updated

Petrol crossing ₹100/litre in Delhi is shifting Indian auto buyer behaviour toward EVs, hybrids and fuel-efficient vehicles, with dealers across Toyota, Honda, Mahindra, Bajaj and Ather networks reporting rising EV inquiries and accelerated electric two-wheeler adoption.

Why this matters

FADA's dealer network is signaling a structural shift in showroom demand as fuel costs reset purchase intent across ICE, hybrid and EV segments, reinforcing the e-2W momentum already visible in April registrations.

Footfall theme steady with 63 signals in last 90 days, indicating consistent dealer-floor activity.