Newsgather

Maruti Suzuki

Steady11 stories4 sourcesLast updated: 6/4/2026

Latest Stories

Hybrid Cars Outsell EVs in India as Toyota, Maruti Suzuki Dominate
NEWS
4/23/2026AI summary

Hybrid Cars Outsell EVs in India as Toyota, Maruti Suzuki Dominate

Hybrid cars are expected to reach 10% of total car sales in India by FY 2027, outselling EVs at 5%, as cost-conscious consumers shift from diesel to hybrids. Sales of hybrids surged nearly fourfold to 362,866 units in FY 2026, while EVs totaled 131,865 units. Japanese automakers Toyota and Maruti Suzuki dominate the hybrid market, with Tesla and BYD selling fewer than 7,400 combined since 2025 amid high import duties.

C
CNBC