Electric Bus Sales July 2026: PMI Electro Leads With 24.6% Share
Every electric bus registered in India in July 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 July went
India registered 573 electric buses in July 2026, +42.5% on July 2025 and −21.7% on June.
Across the 7 completed months of 2026 to July, 3,676 electric buses have been registered, +30.8% 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, July 2026
PMI Electro led the month with 141 registrations — 24.6% of the electric bus market — ahead of Olectra Greentech on 132 (23.0%), a gap of 9 units. PMI Electro also led June.
PMI Electro has gained the most share against July 2025, +12.42pp to 24.6%; JBM Auto has lost the most, −24.68pp to 20.6%.
The top three hold 68.2% of the segment; 10 manufacturers registered at least one electric bus.
Top 10 electric bus makers, July 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 | Jul 2026 | Share | MoM | YoY | Share vs Jul 2025 |
|---|---|---|---|---|---|---|
| 1 | PMI Electro | 141 | 24.6% | −19.9% | +187.8% | +12.42pp |
| 2 | Olectra Greentech | 132 | 23.0% | +3.9% | +48.3% | +0.90pp |
| 3 | JBM Auto | 118 | 20.6% | +3.5% | −35.2% | −24.68pp |
| 4 | Switch Mobility | 53 | 9.2% | −69.7% | +140.9% | +3.78pp |
| 5 | Pinnacle Mobility Solutions | 52 | 9.1% | +0.0% | +116.7% | +3.10pp |
| 6 | VECV (Eicher) | 41 | 7.2% | −2.4% | +485.7% | +5.41pp |
| 7 | Aeroeagle Automobiles | 24 | 4.2% | +118.2% | — | +4.19pp |
| 8 | Tata Motors | 7 | 1.2% | −66.7% | −66.7% | −4.00pp |
| 9 | Azad India Mobility | 3 | 0.5% | −25.0% | −40.0% | −0.72pp |
| 10 | Neuton Auto | 2 | 0.3% | — | — | +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, 2026 to July
The same table over 2026 to July, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | JBM Auto | 893 | 24.29% | −1.37pp | +23.9% |
| 2 | Switch Mobility | 883 | 24.02% | +5.34pp | +68.2% |
| 3 | PMI Electro | 734 | 19.97% | −1.06pp | +24.2% |
| 4 | Olectra Greentech | 547 | 14.88% | −3.09pp | +8.3% |
| 5 | Pinnacle Mobility Solutions | 223 | 6.07% | +0.69pp | +47.7% |
| 6 | Aeroeagle Automobiles | 137 | 3.73% | +1.48pp | +117.5% |
| 7 | VECV (Eicher) | 94 | 2.56% | +1.88pp | +394.7% |
| 8 | Tata Motors | 81 | 2.20% | −3.28pp | −47.4% |
| 9 | Jbm Electric Vehicles | 29 | 0.79% | −0.39pp | −12.1% |
| 10 | Jsw Greentech | 25 | 0.68% | +0.68pp | — |
| 11 | Azad India Mobility | 17 | 0.46% | +0.28pp | +240.0% |
| 12 | Veera Vidyuth Vahana | 8 | 0.22% | −1.10pp | −78.4% |
| 13 | Neuton Auto | 3 | 0.08% | +0.08pp | — |
| 14 | M/S General Motors Llc | 2 | 0.05% | +0.05pp | — |
Frequently asked questions
How many electric buses were sold in India in July 2026?
Which company sold the most electric buses in July 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.
