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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.
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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 ...
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