Electric Bus Sales August 2025: JBM Auto Leads With 23.0% Share
Every electric bus registered in India in August 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 August went
India registered 431 electric buses in August 2025, +74.5% on August 2024 and +7.2% on July.
Across the 8 completed months of 2025 to August, 3,241 electric buses have been registered, +23.3% 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, August 2025
JBM Auto led the month with 99 registrations — 23.0% of the electric bus market — ahead of Olectra Greentech on 99 (23.0%), a gap of 0 units. JBM Auto also led July.
Switch Mobility has gained the most share against August 2024, +22.51pp to 22.5%; Tata Motors has lost the most, −35.19pp to 11.4%.
The top three hold 68.4% of the segment; 9 manufacturers registered at least one electric bus.
Top 10 electric bus makers, August 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 | Aug 2025 | Share | MoM | YoY | Share vs Aug 2024 |
|---|---|---|---|---|---|---|
| 1 | JBM Auto | 99 | 23.0% | −45.6% | +1550.0% | +20.54pp |
| 2 | Olectra Greentech | 99 | 23.0% | +11.2% | +10.0% | −13.47pp |
| 3 | Switch Mobility | 97 | 22.5% | +340.9% | — | +22.51pp |
| 4 | PMI Electro | 58 | 13.5% | +18.4% | +141.7% | +3.74pp |
| 5 | Tata Motors | 49 | 11.4% | +133.3% | −57.4% | −35.19pp |
| 6 | Pinnacle Mobility Solutions | 12 | 2.8% | −50.0% | +20.0% | −1.26pp |
| 7 | Jbm Electric Vehicles | 10 | 2.3% | +233.3% | — | +2.32pp |
| 8 | Azad India Mobility | 4 | 0.9% | −20.0% | — | +0.93pp |
| 9 | Aeroeagle Automobiles | 3 | 0.7% | — | — | +0.70pp |
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 August
The same table over 2025 to August, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | JBM Auto | 820 | 25.30% | +7.92pp | +79.4% |
| 2 | PMI Electro | 649 | 20.02% | +6.98pp | +89.2% |
| 3 | Switch Mobility | 622 | 19.19% | +16.72pp | +856.9% |
| 4 | Olectra Greentech | 604 | 18.64% | +1.82pp | +36.7% |
| 5 | Tata Motors | 203 | 6.26% | −34.17pp | −80.9% |
| 6 | Pinnacle Mobility Solutions | 163 | 5.03% | +2.90pp | +191.1% |
| 7 | Aeroeagle Automobiles | 66 | 2.04% | +2.04pp | — |
| 8 | Jbm Electric Vehicles | 43 | 1.33% | +1.33pp | — |
| 9 | Veera Vidyuth Vahana | 37 | 1.14% | +1.14pp | — |
| 10 | VECV (Eicher) | 19 | 0.59% | −3.94pp | −84.0% |
| 11 | Azad India Mobility | 9 | 0.28% | +0.28pp | — |
| 12 | Veera Vahana Udyog | 4 | 0.12% | −0.26pp | −60.0% |
| 13 | Mytrah Mobility | 2 | 0.06% | −2.37pp | −96.9% |
Frequently asked questions
How many electric buses were sold in India in August 2025?
Which company sold the most electric buses in August 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.
