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Hybrid cars to make up 10% of India's car sales by 2027, outpacing EVs at 5% amid infrastructure challenges.

Market News
22 Apr 2026
CNBC
View Source
Bullish
pluang ai news

Hybrid vehicle sales in India are expected to reach around 10% of total car sales by the financial year ending March 2027, surpassing electric vehicles (EVs), which are projected to account for only 5%. Japanese manufacturers like Toyota and Maruti Suzuki dominate the hybrid market, benefiting from consumer preference for hybrids that do not require external charging and offer better fuel efficiency without range anxiety. EV adoption faces hurdles such as inadequate charging infrastructure, high import duties, and concerns over resale value. Despite global EV leaders Tesla and BYD's dominance elsewhere, their sales in India remain low due to these challenges, while local and Japanese automakers continue to expand their hybrid offerings.

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