Electric Bus Sales November 2026: Pinnacle Mobility Solutions Leads, 1 Units So Far
Electric bus registrations for November 2026, month to date — who is leading, each brand's market share inside the electric bus segment, and how it compares with October.
Live. November 2026 is still in progress — this page grows as new registrations are published.
November so far
1 electric buses have been registered in India in November 2026 so far. The figure is a running total that rises as Vahan publishes registrations, so it is not set against a finished month here.
For scale, October finished at 768 and November 2025 at 428.
Across the 10 completed months of 2026 to October, 6,174 electric buses have been registered, +57.4% on the same months of 2025.
Monthly electric bus registrations, 2023–2026
One line per calendar year. The dashed end of the current year is the month so far.
Electric Bus market share, November 2026
Pinnacle Mobility Solutions has gained the most share against November 2025, +70.56pp to 100.0%.
The top three hold 100.0% of the segment so far this month; 1 manufacturers registered at least one electric bus.
Top 10 electric bus makers, November 2026 so far
Electric bus registrations only — every other vehicle type these companies make is excluded.
Share is of every electric bus registered in the month. A running month is not set against a finished one, so volume changes appear once it closes; share moves are shown against October's final table.
| # | Manufacturer | Nov so far | Share | Share vs Oct |
|---|---|---|---|---|
| 1 | Pinnacle Mobility Solutions | 1 | 100.0% | +86.59pp |
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 October
The same table over 2026 to October, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | JBM Auto | 1,513 | 24.51% | +2.60pp | +76.1% |
| 2 | Olectra Greentech | 1,192 | 19.31% | −3.31pp | +34.4% |
| 3 | Switch Mobility | 1,157 | 18.74% | +0.36pp | +60.5% |
| 4 | PMI Electro | 1,059 | 17.15% | −4.29pp | +25.9% |
| 5 | Pinnacle Mobility Solutions | 534 | 8.65% | +4.03pp | +195.0% |
| 6 | Aeroeagle Automobiles | 238 | 3.85% | +2.17pp | +260.6% |
| 7 | VECV (Eicher) | 211 | 3.42% | +2.78pp | +744.0% |
| 8 | Tata Motors | 99 | 1.60% | −3.95pp | −54.6% |
| 9 | Jbm Electric Vehicles | 48 | 0.78% | −0.75pp | −20.0% |
| 10 | Jsw Greentech | 43 | 0.70% | +0.70pp | — |
| 11 | Azad India Mobility | 35 | 0.57% | +0.03pp | +66.7% |
| 12 | Veera Vidyuth Vahana | 30 | 0.49% | −0.46pp | −18.9% |
| 13 | Jpm Auto Industries | 6 | 0.10% | +0.10pp | — |
| 14 | Neuton Auto | 5 | 0.08% | +0.08pp | — |
| 15 | Futureautotech-Global Ventures | 2 | 0.03% | +0.03pp | — |
Frequently asked questions
How many electric buses were sold in India in November 2026?
Which company sold the most electric buses in November 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 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.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
