India's Great Fuel Flip: Alternative Fuels Outsell Petrol for First Time as EV Maker Ola Seeks ₹1,500 Cr Lifeline

42% of India's car sales in August 2026 came from CNG, hybrid, and electric vehicles — marking the first time alternative powertrains outsold pure petrol cars in a single month.

Money Moves

• Ola Electric's Cash Crunch Intensifies — Board approves ₹1,500 Cr emergency fundraise just three months after raising ₹780 Cr via QIP, with debt still weighing at over ₹1,600 Cr. The EV maker's COO Hyun Shik Park has also resigned, adding to leadership instability. -...