As CNG Conversion Slows, Ecofuel Systems Gets Aggressive on EV Kits
Ecofuel Systems, a leader in the CNG conversion kits, is coming out with electric conversion kits for two-wheelers as its traditional market faces challenges.
In India’s rapidly increasing retrofitting industry, Ecofuel Systems (I) Ltd. is preparing for a new pivot. Best known for its dominance in the compressed natural gas (CNG) vehicle retrofitting space, where it claims a commanding 40% market share, the company is setting its sights on a new frontier: electric two-wheeler retrofitting.
Founded in 2003, Ecofuel Systems has already sold over one million CNG kits and four lakh sequential kits for vehicles ranging from cars and two-wheelers to buses and boats. It has a long standing tie-up with LOVATO GAS SpA, which is a leading manufacturer of CNG/ LPG kits ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
HMSI Sees No Latemover Disadvantage In EV Market
With the EV market growing 3x faster than the overall two-wheeler segment, HMSI is looking to replicate its success in t...
From Railways to EVs: Jupiter Wagons’ Strategic Shift to Electric CVs
Indian Railways supplier Jupiter Wagons has plans for the country’s fast-growing EV market.
Hikes Amid Slowdown: What's Driving Rising Car Prices in India?
Car brands in India are implementing price hikes just as the sector faces declining sales amid a slowing economy in Indi...