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Step aside Tesla, BYD: Japanese carmakers deepen their hold on India's auto market with hybrids

In the world's third-largest auto market, demand for hybrid cars is racing ahead of EVs, deepening the hold of Japanese carmakers in India.

1 report1 sourceApr 23, 2026, 12:14 AM
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CNBCApr 23, 2026, 12:14 AM

Step aside Tesla, BYD: Japanese carmakers deepen their hold on India's auto market with hybrids

In the world's third-largest auto market, demand for hybrid cars is racing ahead of EVs, deepening the hold of Japanese carmakers in India.

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