PNGRB bats for level playing field across EV, CNG and LNG vehicles

The Petroleum and Natural Gas Regulatory Board (PNGRB) is advocating for a level playing field among electric vehicles (EVs), Compressed Natural Gas (CNG) vehicles, and Liquefied Natural Gas (LNG) vehicles. This means that the government could implement policies such as taxation, subsidies, or infrastructure development to ensure that all types of vehicles are treated equally. This move is significant for the economy as it could influence the growth of various industries and impact consumer choices.

Why it matters

A level playing field for EV, CNG and LNG vehicles could increase demand and investment in these sectors. Suitable taxation, subsidies or infrastructure could support their growth.

Market impact

Transmission channels

Likely winners & losers

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