Electric Bus Sales July 2025: JBM Auto Leads With 45.3% Share
Every electric bus registered in India in July 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 July went
India registered 402 electric buses in July 2025, −10.3% on July 2024 and −29.3% on June.
Across the 7 completed months of 2025 to July, 2,810 electric buses have been registered, +18.0% 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, July 2025
JBM Auto led the month with 182 registrations — 45.3% of the electric bus market — ahead of Olectra Greentech on 89 (22.1%), a gap of 93 units. JBM Auto also led June.
JBM Auto has gained the most share against July 2024, +29.87pp to 45.3%; Tata Motors has lost the most, −58.62pp to 5.2%.
The top three hold 79.6% of the segment; 9 manufacturers registered at least one electric bus.
Top 10 electric bus makers, July 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 | Jul 2025 | Share | MoM | YoY | Share vs Jul 2024 |
|---|---|---|---|---|---|---|
| 1 | JBM Auto | 182 | 45.3% | +20.5% | +163.8% | +29.87pp |
| 2 | Olectra Greentech | 89 | 22.1% | +11.2% | +17.1% | +5.18pp |
| 3 | PMI Electro | 49 | 12.2% | −14.0% | +2350.0% | +11.74pp |
| 4 | Pinnacle Mobility Solutions | 24 | 6.0% | −77.8% | — | +5.97pp |
| 5 | Switch Mobility | 22 | 5.5% | −82.5% | +340.0% | +4.36pp |
| 6 | Tata Motors | 21 | 5.2% | −38.2% | −92.7% | −58.62pp |
| 7 | VECV (Eicher) | 7 | 1.7% | — | +250.0% | +1.29pp |
| 8 | Azad India Mobility | 5 | 1.2% | — | — | +1.24pp |
| 9 | Jbm Electric Vehicles | 3 | 0.7% | −75.0% | — | +0.75pp |
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 July
The same table over 2025 to July, set against the same months of 2024.
| # | Manufacturer | Units | Share | vs 2024 | Volume YoY |
|---|---|---|---|---|---|
| 1 | JBM Auto | 721 | 25.66% | +6.72pp | +59.9% |
| 2 | PMI Electro | 591 | 21.03% | +7.64pp | +85.3% |
| 3 | Switch Mobility | 525 | 18.68% | +15.95pp | +707.7% |
| 4 | Olectra Greentech | 505 | 17.97% | +3.19pp | +43.5% |
| 5 | Tata Motors | 154 | 5.48% | −34.32pp | −83.8% |
| 6 | Pinnacle Mobility Solutions | 151 | 5.37% | +3.44pp | +228.3% |
| 7 | Aeroeagle Automobiles | 63 | 2.24% | +2.24pp | — |
| 8 | Veera Vidyuth Vahana | 37 | 1.32% | +1.32pp | — |
| 9 | Jbm Electric Vehicles | 33 | 1.17% | +1.17pp | — |
| 10 | VECV (Eicher) | 19 | 0.68% | −4.24pp | −83.8% |
| 11 | Azad India Mobility | 5 | 0.18% | +0.18pp | — |
| 12 | Veera Vahana Udyog | 4 | 0.14% | −0.28pp | −60.0% |
| 13 | Mytrah Mobility | 2 | 0.07% | −2.62pp | −96.9% |
Frequently asked questions
How many electric buses were sold in India in July 2025?
Which company sold the most electric buses in July 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.
