Hybrid Vahan retail registrations

Hybrid Sales January 2026: 47,515 Units, Up 13.8% YoY

Full Vahan registration report for January 2026 — total volume, month-on-month and year-on-year change, every major hybrid maker ranked by share, which segments those hybrids are in, and the state-wise picture.

47,515
Hybrid registrations
January 2026
+13.8%
Year on year
vs Jan 2025
+40.8%
Month on month
vs Dec
47,515
2026 year to date
+13.8% YoY
Maruti Suzuki
Segment leader
59.7% share, 2026 YTD

How January went

India's hybrid vehicle market registered 47,515 vehicles in January 2026. Volumes rose sharply 13.8% against January 2025, and accelerated 40.8% on December 2025. It was the biggest month in our 3-year Vahan record.

That is 3 consecutive months of year-on-year growth for the segment. Year to date, 47,515 units have been registered across 1 month, +13.8% on the same stretch of 2025 (41,765). The segment accounted for 1.7% of every vehicle registered in India that month.

January carries the new-year registration rush — buyers who took delivery in late December often register in the first week.

Monthly hybrid registrations, 2024–2026

One line per calendar year — the shape of the year, not just its total.

Manufacturer scoreboard

Hybrid registrations per manufacturer over 2026 year to date, and how each company's share of the hybrid market has moved against full-year 2025.

On share rather than volume — the number that decides who is actually winning — Maruti Suzuki has added 0.35pp of the segment in 2026 so far, while Mercedes-Benz has given up 0.62pp.

Top 10 hybrid manufacturers, 2026

Hybrid registrations year to date

Hybrid market share — 2026 year to date

Exact segment volume per manufacturer over 2026 year to date, and the change in share against full-year 2025.

# Manufacturer 2026 units Share vs full-year 2025
1 Maruti Suzuki 1,80,024 59.69% +0.35pp
2 Toyota Kirloskar 1,09,708 36.38% +0.24pp
3 Mercedes-Benz 9,303 3.08% −0.62pp
4 Honda Cars 809 0.27% −0.01pp
5 Mercedes-Benz 718 0.24% +0.05pp
6 Jaguar Land Rover India 449 0.15% +0.02pp
7 Skoda 212 0.07% −0.03pp
8 BMW India 166 0.06% 0.00pp
9 Audi Ag 78 0.03% −0.01pp
10 Automobili Lamborghini S.P.A 38 0.01% 0.00pp
11 Porsche Ag Germany 22 0.01% 0.00pp
12 Maserati S.P.A 19 0.01% 0.00pp
13 Bentley Motors Ltd (Savwipl) 13 0.00% 0.00pp
14 Ferrari Spa (Importer:Select Cars P Ltd) 7 0.00% 0.00pp
15 Ferrari Spa (Importer:Navnit Motors Pvt Ltd) 6 0.00% 0.00pp

Where the hybrids are

Cars & UVs account for 97.2% of every hybrid registered in 2026 so far — 2,93,103 units, a share move of +0.53pp against full-year 2025.

Hybrid volume by segment, 2026

Share of segment registrations year to date

Hybrid registrations by segment — 2026 year to date

The 2026 year to date mix.

Segment 2026 units Share vs full-year 2025
Cars & UVs 2,93,103 97.19% +0.53pp
Taxis & Cabs 7,457 2.47% −0.45pp
Other 533 0.18% −0.04pp
Buses 484 0.16% −0.04pp

Share is of this report's own scope over 2026 year to date, compared with the whole of 2025.

Where the demand is

Tamil Nadu was the largest market in 2026 year to date with 29,785 registrations, 9.9% of the segment's national total. Maharashtra (28,296) and Karnataka (27,983) followed. Tamil Nadu has gained the most ground, adding 1.85pp of the national total.

Top states — 2026 year to date

Segment registrations over 2026 year to date, by state.

# State Units Share vs full-year 2025
1 Tamil Nadu 29,785 9.9% +1.85pp
2 Maharashtra 28,296 9.4% −1.07pp
3 Karnataka 27,983 9.3% +0.45pp
4 Kerala 24,095 8.0% −0.01pp
5 Uttar Pradesh 23,008 7.6% −2.18pp
6 Haryana 18,731 6.2% −0.88pp
7 Delhi 16,356 5.4% −0.36pp
8 Gujarat 16,290 5.4% −0.68pp
9 Punjab 15,633 5.2% +0.70pp
10 Chhattisgarh 9,667 3.2% −0.16pp
11 Rajasthan 8,803 2.9% −0.50pp
12 Madhya Pradesh 8,546 2.8% −0.10pp

Frequently asked questions

How many hybrids were sold in India in January 2026?
47,515 hybrids were registered in India in January 2026, +13.8% against January 2025 and +40.8% against the previous month. Year to date the total is 47,515 units, +13.8% year on year. Figures are Vahan registrations — actual vehicles put on the road.
Which company sells the most hybrids in India?
Maruti Suzuki leads with 1,80,024 registrations in 2026 so far, 59.7% of the market, ahead of Toyota Kirloskar (1,09,708), Mercedes-Benz (9,303), Honda Cars (809).
What is the hybrid market share in India in 2026?
Maruti Suzuki holds 59.7% of the Indian hybrid market in 2026 so far on 1,80,024 registrations, +0.35pp against its full-year 2025 share. Toyota Kirloskar is second on 36.4%.
Which state registers the most hybrids in India?
Tamil Nadu is the largest hybrid market with 29,785 registrations in 2026 so far, 9.9% of the national total, ahead of Maharashtra and Karnataka.
Are these wholesale dispatches or retail sales?
These are retail registrations from the government Vahan portal — a vehicle counts when it is actually registered to a buyer at an RTO. The monthly numbers manufacturers announce in press releases are wholesale dispatches to dealers, which is why the two rarely match. Vahan is the same source FADA and the industry use for retail data.

Hybrid sales, earlier months

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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