Market Report
Learn more about all important trends in the precious metals markets in our market reports on a regular basis.
Latest Issue of the Market Report
No. 40 | 02nd November 2026: Growth outpaces electrification in India’s car market
India’s passenger vehicle market is electrifying, but catalysed vehicle sales are still growing. BEVs reached a record 8.5% of passenger vehicle (PV) registrations in September 2026, up from just 2.3% in April 2024, while petrol/ethanol’s share fell from 53.3% to 41.3% over the same period. However, much of the shift away from petrol has been towards other ICE powertrains rather than directly to BEVs. CNG/LPG vehicles accounted for 23.1% of September registrations, hybrids 9.4% and diesel 17.7%, leaving more than 91% of new PVs requiring an autocatalyst (source: FADA).
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