Electric Bus Sales April 2026: PMI Electro Leads With 32.0% Share
Every electric bus registered in India in April 2026, 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 347 electric buses in April 2026, +20.9% on April 2025 and −37.9% on March.
Across the 4 completed months of 2026 to April, 1,990 electric buses have been registered, +35.2% on the same months of 2025.
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 2026
PMI Electro led the month with 111 registrations — 32.0% of the electric bus market — ahead of Switch Mobility on 62 (17.9%), a gap of 49 units. That is a change at the top: JBM Auto led March.
Switch Mobility has gained the most share against April 2025, +17.87pp to 17.9%; PMI Electro has lost the most, −33.52pp to 32.0%.
The top three hold 65.4% of the segment; 11 manufacturers registered at least one electric bus.
Top 10 electric bus makers, April 2026
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 2026 | Share | MoM | YoY | Share vs Apr 2025 |
|---|---|---|---|---|---|---|
| 1 | PMI Electro | 111 | 32.0% | −9.8% | −41.0% | −33.52pp |
| 2 | Switch Mobility | 62 | 17.9% | −61.5% | — | +17.87pp |
| 3 | JBM Auto | 54 | 15.6% | −72.4% | +28.6% | +0.93pp |
| 4 | Pinnacle Mobility Solutions | 52 | 15.0% | +48.6% | +1633.3% | +13.94pp |
| 5 | Aeroeagle Automobiles | 28 | 8.1% | +27.3% | — | +8.07pp |
| 6 | Jsw Greentech | 25 | 7.2% | — | — | +7.20pp |
| 7 | Jbm Electric Vehicles | 8 | 2.3% | −20.0% | +33.3% | +0.21pp |
| 8 | Tata Motors | 3 | 0.9% | +50.0% | −57.1% | −1.57pp |
| 9 | VECV (Eicher) | 2 | 0.6% | — | −83.3% | −3.60pp |
| 10 | Neuton Auto | 1 | 0.3% | — | — | +0.29pp |
| 11 | Olectra Greentech | 1 | 0.3% | — | −96.0% | −8.42pp |
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, 2026 to April
The same table over 2026 to April, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | Switch Mobility | 603 | 30.30% | +8.15pp | +85.0% |
| 2 | JBM Auto | 504 | 25.33% | +4.13pp | +61.5% |
| 3 | PMI Electro | 367 | 18.44% | −4.52pp | +8.6% |
| 4 | Olectra Greentech | 182 | 9.15% | −8.79pp | −31.1% |
| 5 | Pinnacle Mobility Solutions | 114 | 5.73% | +5.25pp | +1528.6% |
| 6 | Aeroeagle Automobiles | 99 | 4.97% | +0.69pp | +57.1% |
| 7 | Tata Motors | 49 | 2.46% | −4.06pp | −49.0% |
| 8 | Jbm Electric Vehicles | 25 | 1.26% | +0.44pp | +108.3% |
| 9 | Jsw Greentech | 25 | 1.26% | +1.26pp | — |
| 10 | VECV (Eicher) | 11 | 0.55% | −0.26pp | −8.3% |
| 11 | Azad India Mobility | 10 | 0.50% | +0.50pp | — |
| 12 | Neuton Auto | 1 | 0.05% | +0.05pp | — |
Frequently asked questions
How many electric buses were sold in India in April 2026?
Which company sold the most electric buses in April 2026?
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.
