A Comparative Study Between the Sale of Petrol, Electric, and Diesel Four Wheelers: An Indian Context

Year : 2025 | Volume : 12 | Issue : 01 | Page : 11-19
    By

    Ashwin Gedam,

  • Neha Shrivastava,

  1. PhD. Scholar, Department of Management, SIBM, Symbiosis International University, Pune, Maharashtra, India
  2. Assistant Professor, Department of MBA, Gyan Ganga College of Technology, Jabalpur, Madhya Pradesh, India

Abstract

Petrol, diesel, and electric are the fuel types that are used all around the world. While electricity has gained popularity in recent years due to its low cost compared to fossil fuels, one of the main reasons for an exponential surge in electric vehicles is the development of advanced electric batteries. While discussing in the context of India mainly, the rising petrol prices resulted in consumers switching to electricity. Despite this, electric vehicles in India are facing the challenge of low sales. There are many reasons for this, which will be discussed in this study, but the main reason can be attributed to the lack of infrastructure development for electric vehicles. The present study compared the sale of petrol, electric, and diesel four-wheelers over 10 years, i.e., from 2014 to 2024. The study found that the sale of petrol cars showed a constant increase from 2014 to 2024 despite the ravaging effect of COVID-19 on the Indian economy. Still, the sale of electric four-wheelers showed an exponential increase in terms of growth. This means that the number of petrol vehicles grew linearly over time, which can be expected by a proper analysis of the auto sector. On the other hand, the electric four-wheelers showed an unpredicted exponential increase. Further, it can be said that in comparison with the sale of petrol and electric vehicles, petrol wins the race for total sales. Still, in terms of growth, electric vehicles increased over petrol. Diesel vehicles, on the other hand, showed lesser sales and growth when compared to petrol. In comparison with electric, it showed that diesel vehicles sold more than electric vehicles. However, linearly, it declined while electricity grew exponentially.

Keywords: Electric vehicles, petrol, diesel, four-wheelers, COVID-19

[This article belongs to Journal of Automobile Engineering and Applications ]

How to cite this article:
Ashwin Gedam, Neha Shrivastava. A Comparative Study Between the Sale of Petrol, Electric, and Diesel Four Wheelers: An Indian Context. Journal of Automobile Engineering and Applications. 2025; 12(01):11-19.
How to cite this URL:
Ashwin Gedam, Neha Shrivastava. A Comparative Study Between the Sale of Petrol, Electric, and Diesel Four Wheelers: An Indian Context. Journal of Automobile Engineering and Applications. 2025; 12(01):11-19. Available from: https://journals.stmjournals.com/joaea/article=2025/view=209830


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Regular Issue Subscription Review Article
Volume 12
Issue 01
Received 23/10/2024
Accepted 14/04/2025
Published 26/04/2025
Publication Time 185 Days
Total Visits: 16


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