Hybrid Vahan retail registrations

Hybrid Sales Q1 FY 2024-25: 82,365 Units, Up 2.2% YoY

Every hybrid registered in India over Q1 FY 2024-25 — April 2024 to June 2024. Q1 of the financial year, April to June. Month-by-month volumes, the manufacturer leaderboard, which segments those hybrids are in, and the same window in every earlier year on record.

82,365
Hybrid registrations
Q1 FY 2024-25
+2.2%
Year on year
vs Q1 FY 2023-24 (3 mo)
27,455
Monthly average
3 months counted
30,328
Best month
April 2024
1.3%
Share of all registrations
−0.10pp vs Q1 FY 2023-24

Hybrid sales month by month, Q1 FY 2024-25

India's hybrid vehicle market registered 82,365 hybrids in Q1 FY 2024-25. Volumes ticked higher 2.2% against the 80,581 logged over the same 3 months of Q1 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 27,455 a month. 2 of those 3 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.

Q1 FY 2024-25 ran from April 2024 to June 2024 and is closed. Every month in the table below is final, and every comparison on this page is against the matching month of Q1 FY 2023-24.

Hybrids accounted for 1.3% of everything registered in India over the period, down from 1.4% in Q1 FY 2023-24. The whole market ran to 64,91,184 vehicles over the same window, up 10.0% year on year.

Hybrid registrations by month — Q1 FY 2024-25 vs Q1 FY 2023-24

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

Hybrid sales, month by month — Q1 FY 2024-25

Every completed month of Q1 FY 2024-25, with the matching month of Q1 FY 2023-24 beside it.

Month Q1 FY 2024-25 units Q1 FY 2023-24 units YoY Share of period
April 2024 30,328 27,913 +8.7% 36.8%
May 2024 26,968 26,194 +3.0% 32.7%
June 2024 25,069 26,474 −5.3% 30.4%

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 Q1 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 Q1 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, Q1 FY 2024-25

Battery-electric vehicles were 6.3% of every registration in Q1 FY 2024-25, against 6.5% in Q1 FY 2023-24. That is 4,10,432 electric vehicles across all segments.

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

Registrations by fuel — Q1 FY 2024-25

Every vehicle registered in the period, by fuel.

Registrations by fuel — Q1 FY 2024-25

Exact fuel volumes over April 2024 to June 2024.

Fuel Q1 FY 2024-25 units Share vs Q1 FY 2023-24 Share move
Petrol 50,41,153 77.66% +11.6% +1.13pp
Diesel 6,43,334 9.91% −3.3% −1.36pp
Electric 4,10,432 6.32% +6.3% −0.22pp
CNG / LPG 2,97,058 4.58% +27.6% +0.63pp
Hybrid 82,365 1.27% +2.2% −0.10pp
Other 16,842 0.26% −17.3% −0.09pp

Every Q1 on record

Across the 3 completed windows in our Vahan record, hybrid registrations went from 82,365 in Q1 FY 2024-25 to 1,04,492 in Q1 FY 2026-27, up 26.9% over the stretch.

Hybrid registrations by quarter

* window still in progress.

Hybrid sales by quarter
Period Months Units YoY
Q1 FY 2026-27 3 1,04,492 +25.5%
Q1 FY 2025-26 3 83,246 +1.1%
Q1 FY 2024-25 3 82,365 +2.2%

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 Q1 FY 2024-25?
82,365 hybrids were registered in India in Q1 FY 2024-25, according to Vahan registration data covering April 2024 to June 2024. That is +2.2% against the 80,581 registered over the same months of Q1 FY 2023-24.
What period does Q1 FY 2024-25 cover?
Q1 FY 2024-25 runs April to June — April 2024 to June 2024, all 3 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 Q1 FY 2024-25?
April 2024 at 30,328 registrations. The quietest was June 2024 at 25,069, and the period averaged 27,455 hybrids a month.
Which quarter had the highest hybrid sales?
Of the 3 comparable windows in our record, Q1 FY 2026-27 is the largest at 1,04,492 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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