Hybrid Vahan retail registrations

Hybrid Sales H1 FY 2024-25: 1,68,116 Units, Up 7.4% YoY

Every hybrid registered in India over H1 FY 2024-25 — April 2024 to September 2024. The first half of the financial year, April to September. Month-by-month volumes, the manufacturer leaderboard, which segments those hybrids are in, and the same window in every earlier year on record.

1,68,116
Hybrid registrations
H1 FY 2024-25
+7.4%
Year on year
vs H1 FY 2023-24 (6 mo)
28,019
Monthly average
6 months counted
30,328
Best month
April 2024
1.4%
Share of all registrations
+0.01pp vs H1 FY 2023-24

Hybrid sales month by month, H1 FY 2024-25

India's hybrid vehicle market registered 1,68,116 hybrids in H1 FY 2024-25. Volumes grew 7.4% against the 1,56,514 logged over the same 6 months of H1 FY 2023-24.

April was the strongest month of the period at 30,328 hybrids and June the quietest at 25,069, an average of 28,019 a month. 4 of those 6 months grew on the same month a year earlier.

April opens the new fiscal year, usually with price revisions and a reset in dealer inventory.

H1 FY 2024-25 ran from April 2024 to September 2024 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of H1 FY 2023-24.

Hybrids accounted for 1.4% of everything registered in India over the period, up from 1.3% in H1 FY 2023-24. The whole market ran to 1,24,47,679 vehicles over the same window, up 6.6% year on year.

Hybrid registrations by month — H1 FY 2024-25 vs H1 FY 2023-24

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

Hybrid sales, month by month — H1 FY 2024-25

Every completed month of H1 FY 2024-25, with the matching month of H1 FY 2023-24 beside it.

Month H1 FY 2024-25 units H1 FY 2023-24 units YoY Share of period
April 2024 30,328 27,913 +8.7% 18.0%
May 2024 26,968 26,194 +3.0% 16.0%
June 2024 25,069 26,474 −5.3% 14.9%
July 2024 29,760 23,244 +28.0% 17.7%
August 2024 29,271 25,722 +13.8% 17.4%
September 2024 26,720 26,967 −0.9% 15.9%

Each month links through to its own full report.

Who is selling the hybrids

Our Vahan data holds manufacturer volumes split by fuel only across a whole calendar year, so the hybrid leaderboard below covers full-year 2024 rather than H1 FY 2024-25 alone. It is exact for that window.

Maruti Suzuki holds 65.8% of hybrid registrations over full-year 2024, ahead of Toyota Kirloskar.

Top hybrid manufacturers — full-year 2024

Hybrid registrations only; pure battery EVs are counted separately.

Hybrid market share — full-year 2024
# Manufacturer Hybrid units Share vs full-year 2023
1 Maruti Suzuki 2,35,177 65.79% −9.65pp
2 Toyota Kirloskar 1,07,912 30.19% +8.41pp
3 Mercedes-Benz 10,944 3.06% +1.49pp
4 Honda Cars 1,375 0.38% −0.03pp
5 Jaguar Land Rover India 618 0.17% −0.14pp
6 Skoda 465 0.13% −0.08pp
7 BMW India 374 0.10% +0.01pp
8 Mercedes-Benz 337 0.09% 0.00pp
9 Audi Ag 213 0.06% −0.01pp
10 Others 17 0.00% −0.01pp
11 Maserati S.P.A 11 0.00% 0.00pp
12 Ferrari Spa 7 0.00% 0.00pp
13 Mclaren Automotive (Importer: Infinity Cars) 6 0.00% 0.00pp
14 Ferrari Spa (Importer:Navnit Motors Pvt Ltd) 6 0.00% 0.00pp
15 Ferrari Spa (Importer:Select Cars P Ltd) 4 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 H1 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 2024.

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 2024

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

Segment 2024 hybrid units Share vs full-year 2023
Cars & UVs 3,42,966 95.94% −1.49pp
Taxis & Cabs 13,119 3.67% +1.53pp
Buses 759 0.21% −0.01pp
Other 631 0.18% −0.03pp
Two-Wheelers 1 0.00% 0.00pp

Fuel mix, H1 FY 2024-25

Battery-electric vehicles were 7.5% of every registration in H1 FY 2024-25, against 6.6% in H1 FY 2023-24. That is 9,28,912 electric vehicles across all segments.

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

Registrations by fuel — H1 FY 2024-25

Every vehicle registered in the period, by fuel.

Registrations by fuel — H1 FY 2024-25

Exact fuel volumes over April 2024 to September 2024.

Fuel H1 FY 2024-25 units Share vs H1 FY 2023-24 Share move
Petrol 94,18,241 75.66% +6.2% −0.28pp
Diesel 12,81,314 10.29% −3.0% −1.02pp
Electric 9,28,912 7.46% +20.7% +0.87pp
CNG / LPG 6,19,207 4.97% +18.2% +0.49pp
Hybrid 1,68,116 1.35% +7.4% +0.01pp
Other 31,889 0.26% −17.2% −0.07pp

Every H1 on record

Across the 3 completed windows in our Vahan record, hybrid registrations went from 1,68,116 in H1 FY 2024-25 to 2,18,440 in H1 FY 2026-27, up 29.9% over the stretch.

Hybrid registrations by half year

* window still in progress.

Hybrid sales by half year
Period Months Units YoY
H1 FY 2026-27 6 2,18,440 +34.6%
H1 FY 2025-26 6 1,62,295 −3.5%
H1 FY 2024-25 6 1,68,116 +7.4%

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 H1 FY 2024-25?
1,68,116 hybrids were registered in India in H1 FY 2024-25, according to Vahan registration data covering April 2024 to September 2024. That is +7.4% against the 1,56,514 registered over the same months of H1 FY 2023-24.
What period does H1 FY 2024-25 cover?
H1 FY 2024-25 runs April to September — April 2024 to September 2024, all 6 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 H1 FY 2024-25?
April 2024 at 30,328 registrations. The quietest was June 2024 at 25,069, and the period averaged 28,019 hybrids a month.
Which half year had the highest hybrid sales?
Of the 3 comparable windows in our record, H1 FY 2026-27 is the largest at 2,18,440 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.

Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.

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