Economic TimesLean R·
India’s fuel demand to climb until 2034
India’s road-fuel demand will keep rising until 2034 despite accelerating electric-vehicle adoption, as a growing vehicle fleet and heavier use by commercial transport sustain the country’s appetite for oil.Fuel demand from road transport will peak at more than 2.5 million barrels a day in eight years before gradually declining, according to BloombergNEF’s India Electric Vehicle Outlook 2026. Over time, rising adoption of electric two-wheelers, three-wheelers and passenger cars is expected to o…
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