JBM Auto Limited has emerged as the top player in India's electric bus segment with a 49% market share in May 2026, according to Vahan portal data. The company recorded 157 electric bus registrations during the month, the highest in the industry.
The market share rose from 33% in April to 49% in May of the current fiscal year, extending JBM Auto's lead in the segment. JBM Auto retained its market leadership after posting the highest electric bus registrations in FY26. The integration of Telangana registration data into the Vahan portal from May 2026 provided a more complete picture of national performance. JBM Auto's May registrations of 157 electric buses were the highest among all manufacturers in the country.
The company's manufacturing capabilities support the development of high-strength, lightweight bus platforms designed for efficient and sustainable public transport. JBM Auto uses global technologies to deliver reliable electric mobility solutions at scale. The company has focused on building bus platforms that combine durability with reduced weight to improve energy efficiency.
Nishant Arya, Vice Chairman and Managing Director of JBM Auto, said the growth reflects a focus on decarbonising public transport while meeting global standards for sustainable mobility. He said JBM Auto is building solutions that combine innovation, efficiency, and user-centric design with the aim of reducing emissions and making mobility smarter, safer, and more accessible.
The company operates the world's largest dedicated integrated electric bus manufacturing facility outside China, with an annual capacity of 20,000 buses, located in the NCR region. Its electric buses have covered over 400 million e-kilometres, served more than one billion passengers, and contributed to saving over one billion kilograms of CO2 emissions.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.