Hybrid Vahan retail registrations

Hybrid Sales FY 2024-25: 3,63,992 Units, Up 297% YoY

Every hybrid registered in India over FY 2024-25 — April 2024 to March 2025. India's financial year runs April to March, the window every listed automaker reports on. Month-by-month volumes, the manufacturer leaderboard, which segments those hybrids are in, and the same window in every earlier year on record.

3,63,992
Hybrid registrations
FY 2024-25
+296.9%
Year on year
vs FY 2023-24 (12 mo)
30,333
Monthly average
12 months counted
42,410
Best month
October 2024
1.3%
Share of all registrations
−0.05pp vs FY 2023-24

Hybrid sales month by month, FY 2024-25

India's hybrid vehicle market registered 3,63,992 hybrids in FY 2024-25. Volumes more than doubled 296.9% against the 91,720 logged over the same 12 months of FY 2023-24.

October was the strongest month of the period at 42,410 hybrids and June the quietest at 25,083, an average of 30,333 a month. 1 of those 3 months grew on the same month a year earlier.

FY 2024-25 ran from April 2024 to March 2025 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of FY 2023-24.

Hybrids accounted for 1.3% of everything registered in India over the period, down from 1.4% in FY 2023-24. The whole market ran to 2,72,53,164 vehicles over the same window, up 311.3% year on year.

Hybrid registrations by month — FY 2024-25 vs FY 2023-24

Vahan retail registrations, each month set against the same month a year earlier.

Hybrid sales, month by month — FY 2024-25

Every completed month of FY 2024-25, with the matching month of FY 2023-24 beside it.

Month FY 2024-25 units FY 2023-24 units YoY Share of period
April 2024 30,345 0 8.3%
May 2024 26,978 0 7.4%
June 2024 25,083 0 6.9%
July 2024 29,783 0 8.2%
August 2024 29,285 0 8.0%
September 2024 26,731 0 7.3%
October 2024 42,410 0 11.7%
November 2024 28,180 0 7.7%
December 2024 27,154 0 7.5%
January 2025 41,765 31,604 +32.2% 11.5%
February 2025 27,059 30,760 −12.0% 7.4%
March 2025 29,219 29,356 −0.5% 8.0%

Each month links through to its own full report.

Who is selling the hybrids

Vahan publishes manufacturer volumes split by fuel only across a whole calendar year, so the hybrid leaderboard below covers full-year 2025 rather than FY 2024-25 alone. It is exact for that window.

Maruti Suzuki holds 59.3% of hybrid registrations over full-year 2025, ahead of Toyota Kirloskar.

Top hybrid manufacturers — full-year 2025

Hybrid registrations only; pure battery EVs are counted separately.

Hybrid market share — full-year 2025
# Manufacturer Hybrid units Share vs full-year 2024
1 Maruti Suzuki 2,19,015 59.34% −6.46pp
2 Toyota Kirloskar 1,33,392 36.14% +5.97pp
3 Mercedes-Benz 13,679 3.71% +0.65pp
4 Honda Cars 1,011 0.27% −0.11pp
5 Mercedes-Benz 695 0.19% +0.09pp
6 Jaguar Land Rover India 478 0.13% −0.04pp
7 Skoda 360 0.10% −0.03pp
8 BMW India 193 0.05% −0.05pp
9 Audi Ag 149 0.04% −0.02pp
10 Porsche Ag Germany 38 0.01% +0.01pp
11 Automobili Lamborghini S.P.A 29 0.01% +0.01pp
12 Maserati S.P.A 19 0.01% 0.00pp
13 Ferrari Spa (Importer:Select Cars P Ltd) 14 0.00% 0.00pp
14 Ferrari Spa (Importer:Navnit Motors Pvt Ltd) 9 0.00% 0.00pp
15 Mahindra 2 0.00% 0.00pp

Which segments the hybrids are in

The chart is period-exact: it is the hybrid share of every vehicle registered in each month of FY 2024-25. The split by segment underneath comes from a calendar-year table — Vahan publishes class against fuel only across a whole year — so it covers full-year 2025.

Hybrid share of the Indian market, month by month

Hybrids as a percentage of every vehicle registered that month.

Hybrid registrations by segment — full-year 2025

Strong, mild and plug-in hybrids together; pure battery EVs are counted separately.

Segment 2025 hybrid units Share vs full-year 2024
Cars & UVs 3,56,777 96.66% +0.74pp
Taxis & Cabs 10,771 2.92% −0.77pp
Other 810 0.22% +0.04pp
Buses 730 0.20% −0.01pp
Goods Carriers 1 0.00% 0.00pp

Fuel mix, FY 2024-25

Battery-electric vehicles were 7.5% of every registration in FY 2024-25, against 7.9% in FY 2023-24. That is 20,39,934 electric vehicles across all segments.

Fuel labels come straight from Vahan and the split below covers the whole market over April 2024 to March 2025 — petrol includes the E20 ethanol blend, which is now the single largest label in the database.

Registrations by fuel — FY 2024-25

Every vehicle registered in the period, by fuel.

Registrations by fuel — FY 2024-25

Exact fuel volumes over April 2024 to March 2025.

Fuel FY 2024-25 units Share vs FY 2023-24 Share move
Petrol 2,06,15,228 75.64% +317.2% +1.06pp
Diesel 27,62,035 10.13% +274.4% −1.00pp
Electric 20,39,934 7.49% +290.3% −0.40pp
CNG / LPG 13,96,240 5.12% +349.7% +0.44pp
Hybrid 3,63,992 1.34% +296.9% −0.05pp
Other 75,735 0.28% +248.8% −0.05pp

Hybrid sales by financial year

Across the 2 completed windows in our Vahan record, hybrid registrations went from 3,63,992 in FY 2024-25 to 3,89,395 in FY 2025-26, up 7.0% over the stretch.

FY 2026-27 is still running — 5 of its 12 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.

Hybrid registrations by financial year

* window still in progress.

Hybrid sales by financial year
Period Months Units YoY
FY 2026-27 (to date) 5 1,75,794 +26.8%
FY 2025-26 12 3,89,395 +7.0%
FY 2024-25 12 3,63,992 +296.9%

Each row compares only the months that window holds, so a part period is never set against a full one.

Frequently asked questions

How many hybrids were sold in India in FY 2024-25?
3,63,992 hybrids were registered in India in FY 2024-25, according to Vahan registration data covering April 2024 to March 2025. That is +296.9% against the 91,720 registered over the same months of FY 2023-24.
What period does FY 2024-25 cover?
FY 2024-25 runs April to March — April 2024 to March 2025, all 12 months complete. India's financial year runs from 1 April to 31 March, which is the year every listed automaker reports on.
Which was the strongest month for hybrid sales in FY 2024-25?
October 2024 at 42,410 registrations. The quietest was June 2024 at 25,083, and the period averaged 30,333 hybrids a month.
Which financial year had the highest hybrid sales?
Of the 3 comparable windows in our record, FY 2025-26 is the largest at 3,89,395 registrations.
Are these retail sales or factory dispatches?
Retail. Every figure is a vehicle registration recorded on the Ministry of Road Transport & Highways' Vahan 4 dashboard — the same source FADA uses — not the wholesale dispatch numbers manufacturers announce each month. Registrations reach Vahan a few days after the sale, so recent months keep rising slightly for a while after they close.

Hybrid sales, other periods

More from the reports desk

Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.

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