Hybrid Sales 2024: 3,57,476 Units, Up 7.5% YoY
Every hybrid registered in India over CY 2024 — January 2024 to December 2024. The calendar year, January to December. Month-by-month volumes, the manufacturer leaderboard, which segments those hybrids are in, and the same window in every earlier year on record.
Hybrid sales month by month, CY 2024
India's hybrid vehicle market registered 3,57,476 hybrids in CY 2024. Volumes improved 7.5% against the 3,32,484 logged over the same 12 months of CY 2023.
October was the strongest month of the period at 42,387 hybrids and June the quietest at 25,069, an average of 29,790 a month. 8 of those 12 months grew on the same month a year earlier.
CY 2024 ran from January 2024 to December 2024 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of CY 2023.
Hybrids accounted for 1.3% of everything registered in India over the period, down from 1.3% in CY 2023. The whole market ran to 2,72,37,413 vehicles over the same window, up 9.1% year on year.
Hybrid registrations by month — CY 2024 vs CY 2023
Vahan retail registrations, each month set against the same month a year earlier.
Every completed month of CY 2024, with the matching month of CY 2023 beside it.
| Month | CY 2024 units | CY 2023 units | YoY | Share of period |
|---|---|---|---|---|
| January 2024 | 31,586 | 30,328 | +4.1% | 8.8% |
| February 2024 | 30,739 | 31,526 | −2.5% | 8.6% |
| March 2024 | 29,336 | 37,921 | −22.6% | 8.2% |
| April 2024 | 30,328 | 27,913 | +8.7% | 8.5% |
| May 2024 | 26,968 | 26,194 | +3.0% | 7.5% |
| June 2024 | 25,069 | 26,474 | −5.3% | 7.0% |
| July 2024 | 29,760 | 23,244 | +28.0% | 8.3% |
| August 2024 | 29,271 | 25,722 | +13.8% | 8.2% |
| September 2024 | 26,720 | 26,967 | −0.9% | 7.5% |
| October 2024 | 42,387 | 27,631 | +53.4% | 11.9% |
| November 2024 | 28,165 | 26,362 | +6.8% | 7.9% |
| December 2024 | 27,147 | 22,202 | +22.3% | 7.6% |
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 CY 2024 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.
| # | 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 CY 2024. 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.
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, CY 2024
Battery-electric vehicles were 7.4% of every registration in CY 2024, against 6.3% in CY 2023. That is 20,26,406 electric vehicles across all segments.
Fuel labels come straight from Vahan and the split below covers the whole market over January 2024 to December 2024 — petrol includes the E20 ethanol blend, which is now the single largest label in the database.
Registrations by fuel — CY 2024
Every vehicle registered in the period, by fuel.
Exact fuel volumes over January 2024 to December 2024.
| Fuel | CY 2024 units | Share | vs CY 2023 | Share move |
|---|---|---|---|---|
| Petrol | 2,07,08,798 | 76.03% | +7.7% | −0.99pp |
| Diesel | 27,52,536 | 10.11% | +2.5% | −0.65pp |
| Electric | 20,26,406 | 7.44% | +28.0% | +1.10pp |
| CNG / LPG | 13,16,664 | 4.83% | +24.7% | +0.60pp |
| Hybrid | 3,57,476 | 1.31% | +7.5% | −0.02pp |
| Other | 75,533 | 0.28% | −6.0% | −0.04pp |
Hybrid sales, year by year
Across the 2 completed windows in our Vahan record, hybrid registrations went from 3,57,476 in CY 2024 to 3,69,002 in CY 2025, up 3.2% over the stretch.
CY 2026 is still running — 9 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 calendar year
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| CY 2026 (to date) | 9 | 3,36,737 | +29.4% |
| CY 2025 | 12 | 3,69,002 | +3.2% |
| CY 2024 | 12 | 3,57,476 | +7.5% |
Each row compares only the months that window holds, so a part period is never set against a full one.
Where the demand was
State-level volumes for a single segment come from a calendar-year table, so the figures below cover full-year 2024. Maharashtra leads with 38,122 registrations, 10.7% of the segment.
| # | State | Units | Share |
|---|---|---|---|
| 1 | Maharashtra | 38,122 | 10.7% |
| 2 | Uttar Pradesh | 33,039 | 9.2% |
| 3 | Karnataka | 31,196 | 8.7% |
| 4 | Kerala | 27,400 | 7.7% |
| 5 | Tamil Nadu | 27,236 | 7.6% |
| 6 | Haryana | 25,408 | 7.1% |
| 7 | Delhi | 23,174 | 6.5% |
| 8 | Gujarat | 21,354 | 6.0% |
| 9 | Punjab | 16,198 | 4.5% |
| 10 | Rajasthan | 12,313 | 3.4% |
| 11 | Madhya Pradesh | 11,714 | 3.3% |
| 12 | Chhattisgarh | 10,738 | 3.0% |
Frequently asked questions
How many hybrids were sold in India in CY 2024?
What period does CY 2024 cover?
Which was the strongest month for hybrid sales in CY 2024?
Which calendar year had the highest hybrid sales?
Are these retail sales or factory dispatches?
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.
