Auto major GM India on Friday launched CNG (compressed natural gas) variant of its middle-size sedan Chevrolet Aveo in Mumbai.
The car, priced at Rs 6,31,261 in the Mumbai market, is a bio-fuel petrol vehicle with a full-size petrol tank.
"Aveo is already a very popular vehicle. Now we are moving to the alternative fuel, the CNG version of the Aveo," GM India's President and Managing Director Karl Slym told reporters in Mumbai after the launch.
The key element as far as the environment of CNG is concerned is the running cost, which goes down substantially compared to a petrol engine, Slym said.
GM India was targeting individuals and fleet operators to push its new offerings, he said.
"The CNG market is restricted to three areas -- Delhi, Mumbai and Ahmedabad, purely because of the availability of infrastructure.