Electric Bus Vahan retail registrations

Electric Bus Sales June 2026: PMI Electro Leads With 24.0% Share

Every electric bus registered in India in June 2026, brand by brand: volumes, market share inside the segment, month-on-month and year-on-year change, and who gained or lost share.

732
Electric Bus registrations
June 2026
+28.6%
Year on year
vs Jun 2025
+92.1%
Month on month
vs May
PMI Electro
Segment leader
24.0% share
3,103
2026 to end-Jun
+28.9% YoY

How June went

India registered 732 electric buses in June 2026, +28.6% on June 2025 and +92.1% on May.

Across the 6 completed months of 2026 to June, 3,103 electric buses have been registered, +28.9% 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, June 2026

PMI Electro led the month with 176 registrations — 24.0% of the electric bus market — ahead of Switch Mobility on 175 (23.9%), a gap of 1 units. That is a change at the top: JBM Auto led May.

PMI Electro has gained the most share against June 2025, +14.03pp to 24.0%; Pinnacle Mobility Solutions has lost the most, −11.88pp to 7.1%.

The top three hold 65.3% of the segment; 12 manufacturers registered at least one electric bus.

Top 10 electric bus makers, June 2026

Electric bus registrations only — every other vehicle type these companies make is excluded.

Electric Bus leaderboard — June 2026

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 Jun 2026 Share MoM YoY Share vs Jun 2025
1 PMI Electro 176 24.0% +252.0% +208.8% +14.03pp
2 Switch Mobility 175 23.9% +236.5% +38.9% +1.76pp
3 Olectra Greentech 127 17.3% +19.8% +58.8% +3.29pp
4 JBM Auto 114 15.6% −27.4% −24.5% −10.96pp
5 Pinnacle Mobility Solutions 52 7.1% +940.0% −51.9% −11.88pp
6 VECV (Eicher) 42 5.7% — — +5.74pp
7 Tata Motors 21 2.9% +425.0% −38.2% −3.11pp
8 Aeroeagle Automobiles 11 1.5% +266.7% — +1.50pp
9 Azad India Mobility 4 0.5% — — +0.55pp
10 Jbm Electric Vehicles 4 0.5% — −66.7% −1.56pp
11 Veera Vidyuth Vahana 4 0.5% +0.0% — +0.55pp
12 M/S General Motors Llc 2 0.3% — — +0.27pp

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 June

The same table over 2026 to June, set against the same months of 2025.

Electric Bus market share — 2026 to June
# Manufacturer Units Share vs 2025 Volume YoY
1 Switch Mobility 830 26.75% +5.86pp +65.0%
2 JBM Auto 775 24.98% +2.59pp +43.8%
3 PMI Electro 593 19.11% −3.40pp +9.4%
4 Olectra Greentech 415 13.37% −3.90pp −0.2%
5 Pinnacle Mobility Solutions 171 5.51% +0.24pp +34.6%
6 Aeroeagle Automobiles 113 3.64% +1.03pp +79.4%
7 Tata Motors 74 2.38% −3.14pp −44.4%
8 VECV (Eicher) 53 1.71% +1.21pp +341.7%
9 Jbm Electric Vehicles 29 0.93% −0.31pp −3.3%
10 Jsw Greentech 25 0.81% +0.81pp —
11 Azad India Mobility 14 0.45% +0.45pp —
12 Veera Vidyuth Vahana 8 0.26% −1.28pp −78.4%
13 M/S General Motors Llc 2 0.06% +0.06pp —
14 Neuton Auto 1 0.03% +0.03pp —

Frequently asked questions

How many electric buses were sold in India in June 2026?
732 electric buses were registered in India in June 2026, +28.6% year on year and +92.1% on May.
Which company sold the most electric buses in June 2026?
PMI Electro led with 176 registrations, 24.0% of the electric bus market, followed by Switch Mobility (23.9%), Olectra Greentech (17.3%), JBM Auto (15.6%).
What is the electric bus market share of each brand?
In June 2026: PMI Electro 24.0%; Switch Mobility 23.9%; Olectra Greentech 17.3%; JBM Auto 15.6%; Pinnacle Mobility Solutions 7.1%; VECV (Eicher) 5.7%. Shares are of electric bus registrations only.
How are these numbers measured?
They are Vahan retail registrations read from the dashboard with its own filters applied — battery-electric fuels and the segment's vehicle classes — and checked against the national class-by-fuel table before they are published. They count vehicles registered to buyers, not the dispatches manufacturers announce.

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.

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