Electric Bus Sales October 2026: Olectra Greentech Leads, 88 Units So Far
Electric bus registrations for October 2026, month to date and updated every day — who is leading, each brand's market share inside the electric bus segment, and how it compares with September.
Live. October 2026 is still in progress — this page updates every day as new registrations are published.
October so far
88 electric buses have been registered in India in October 2026 so far. The figure is a running total and rises every day as Vahan publishes registrations, so it is not set against a finished month here.
For scale, September finished at 831 and October 2025 at 331.
Across the 9 completed months of 2026 to September, 5,417 electric buses have been registered, +50.8% on the same months of 2025.
Monthly electric bus registrations, 2024–2026
One line per calendar year. The dashed end of the current year is the month so far.
Electric Bus market share, October 2026
Olectra Greentech leads so far with 49 registrations — 55.7% of the electric bus market — ahead of JBM Auto on 21 (23.9%), a gap of 28 units. That is a change at the top: JBM Auto led September.
JBM Auto has gained the most share against October 2025, +15.10pp to 23.9%; PMI Electro has lost the most, −28.92pp to 3.4%.
The top three hold 88.6% of the segment so far this month; 6 manufacturers registered at least one electric bus.
Top 10 electric bus makers, October 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 September's final table.
| # | Manufacturer | Oct so far | Share | Share vs Sep |
|---|---|---|---|---|
| 1 | Olectra Greentech | 49 | 55.7% | +40.16pp |
| 2 | JBM Auto | 21 | 23.9% | −8.75pp |
| 3 | Veera Vidyuth Vahana | 8 | 9.1% | +8.49pp |
| 4 | Jsw Greentech | 4 | 4.5% | +3.34pp |
| 5 | PMI Electro | 3 | 3.4% | −13.56pp |
| 6 | Switch Mobility | 3 | 3.4% | −7.30pp |
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 September
The same table over 2026 to September, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | JBM Auto | 1,327 | 24.50% | +1.39pp | +59.9% |
| 2 | Switch Mobility | 1,118 | 20.64% | +1.37pp | +61.6% |
| 3 | Olectra Greentech | 990 | 18.28% | −2.52pp | +32.5% |
| 4 | PMI Electro | 929 | 17.15% | −3.28pp | +26.6% |
| 5 | Pinnacle Mobility Solutions | 431 | 7.96% | +3.11pp | +147.7% |
| 6 | VECV (Eicher) | 208 | 3.84% | +3.14pp | +732.0% |
| 7 | Aeroeagle Automobiles | 192 | 3.54% | +1.71pp | +190.9% |
| 8 | Tata Motors | 96 | 1.77% | −4.19pp | −55.1% |
| 9 | Jsw Greentech | 35 | 0.65% | +0.65pp | — |
| 10 | Jbm Electric Vehicles | 32 | 0.59% | −0.91pp | −40.7% |
| 11 | Azad India Mobility | 27 | 0.50% | +0.14pp | +107.7% |
| 12 | Veera Vidyuth Vahana | 21 | 0.39% | −0.64pp | −43.2% |
| 13 | Jpm Auto Industries | 6 | 0.11% | +0.11pp | — |
| 14 | Neuton Auto | 3 | 0.06% | +0.06pp | — |
| 15 | M/S General Motors Llc | 2 | 0.04% | +0.04pp | — |
Frequently asked questions
How many electric buses were sold in India in October 2026?
Which company sold the most electric buses in October 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.
