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Auto Components & Equipments
Monthly Update3 Jun 2026, 05:01 pm

JBM Auto Leads Electric Bus Market with 49% Share in May 2026

AI Summary

JBM Auto has secured a leading position in India's electric bus market, capturing a 49% market share in May 2026. The company registered 157 electric buses during the month, the highest in the country according to Vahan portal data. This marks a significant increase from its 33% share in April FY27 YTD and reaffirms its market leadership established in FY26. The integration of Telangana's registration data into the Vahan portal contributed to a more comprehensive national performance view. JBM Auto's strong performance is attributed to its advanced manufacturing capabilities and commitment to sustainable mobility solutions, operating one of the world's largest integrated electric bus manufacturing facilities.

Key Highlights

  • JBM Auto achieved 49% market share in India's electric bus segment in May 2026.
  • Company registered 157 electric buses, the highest in the country for the month.
  • Market share increased from 33% in April to 49% in May FY27 YTD.
  • Retains market leadership after highest e-bus registrations in FY26.
  • Operates world's largest integrated electric bus manufacturing facility outside China.