Electric Bus Sales April 2025: PMI Electro Leads With 65.5% Share
Every electric bus registered in India in April 2025, brand by brand: volumes, market share inside the segment, month-on-month and year-on-year change, and who gained or lost share.
How April went
India registered 287 electric buses in April 2025, +27.0% on April 2024 and −18.9% on March.
Across the 4 completed months of 2025 to April, 1,472 electric buses have been registered, −5.1% on the same months of 2024.
Monthly electric bus registrations, 2024–2026
One line per calendar year. A month still filling is left off the line.
Electric Bus market share, April 2025
PMI Electro led the month with 188 registrations — 65.5% of the electric bus market — ahead of JBM Auto on 42 (14.6%), a gap of 146 units. That is a change at the top: Switch Mobility led March.
PMI Electro has gained the most share against April 2024, +65.51pp to 65.5%; Tata Motors has lost the most, −36.94pp to 2.4%.
The top three hold 88.9% of the segment; 10 manufacturers registered at least one electric bus.
Top 10 electric bus makers, April 2025
Electric bus registrations only — every other vehicle type these companies make is excluded.
Share is of every electric bus registered in the month. MoM and YoY compare each maker's own volume; the last column is its change in share of the segment.
| # | Manufacturer | Apr 2025 | Share | MoM | YoY | Share vs Apr 2024 |
|---|---|---|---|---|---|---|
| 1 | PMI Electro | 188 | 65.5% | +652.0% | — | +65.51pp |
| 2 | JBM Auto | 42 | 14.6% | −46.2% | +68.0% | +3.57pp |
| 3 | Olectra Greentech | 25 | 8.7% | −67.1% | −62.1% | −20.49pp |
| 4 | VECV (Eicher) | 12 | 4.2% | — | −64.7% | −10.86pp |
| 5 | Tata Motors | 7 | 2.4% | −70.8% | −92.1% | −36.94pp |
| 6 | Jbm Electric Vehicles | 6 | 2.1% | — | — | +2.09pp |
| 7 | Pinnacle Mobility Solutions | 3 | 1.0% | +200.0% | −70.0% | −3.38pp |
| 8 | Veera Vidyuth Vahana | 2 | 0.7% | −71.4% | — | +0.70pp |
| 9 | Mytrah Mobility | 1 | 0.3% | — | — | +0.35pp |
| 10 | Veera Vahana Udyog | 1 | 0.3% | −50.0% | — | +0.35pp |
Exact: Vahan's maker x month table filtered to battery-electric fuels (PURE EV, ELECTRIC(BOV)) and the segment's vehicle classes — not a company total multiplied by anything.
Who is gaining
Monthly share of the electric bus market for the six largest makers this month, over the last 15 completed months.
Electric Bus market share by month
Share of the segment each month, in per cent.
Market share, 2025 to April
The same table over 2025 to April, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | PMI Electro | 338 | 22.96% | +9.94pp | +67.3% |
| 2 | Switch Mobility | 326 | 22.15% | +18.86pp | +539.2% |
| 3 | JBM Auto | 312 | 21.20% | +1.02pp | −0.3% |
| 4 | Olectra Greentech | 264 | 17.93% | +4.27pp | +24.5% |
| 5 | Tata Motors | 96 | 6.52% | −31.00pp | −83.5% |
| 6 | Aeroeagle Automobiles | 63 | 4.28% | +4.28pp | — |
| 7 | Veera Vidyuth Vahana | 37 | 2.51% | +2.51pp | — |
| 8 | Jbm Electric Vehicles | 12 | 0.82% | +0.82pp | — |
| 9 | VECV (Eicher) | 12 | 0.82% | −4.60pp | −85.7% |
| 10 | Pinnacle Mobility Solutions | 7 | 0.48% | −2.17pp | −82.9% |
| 11 | Veera Vahana Udyog | 4 | 0.27% | −0.24pp | −50.0% |
| 12 | Mytrah Mobility | 1 | 0.07% | −3.67pp | −98.3% |
Frequently asked questions
How many electric buses were sold in India in April 2025?
Which company sold the most electric buses in April 2025?
What is the electric bus market share of each brand?
How are these numbers measured?
Electric Bus 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.
