JBM Auto Captures 24% of India’s Electric Bus Market in FY26

JBM Auto Limited has emerged as India’s top electric bus manufacturer in FY26, registering 1,282 e-buses across Telangana, Delhi, Maharashtra, Gujarat, and Assam. The company now holds a 24% share of India’s growing electric bus market, demonstrating strong operational and technological leadership.

Dominance Across Key Bus Segments

JBM Auto commands significant market share across multiple bus categories, including:

• Over 79% share in the electric tarmac bus segment
• More than 50% of the intercity luxury coach segment
• A current order book exceeding 10,000 electric buses
• Operations spanning city, intercity, luxury, school, staff, tarmac, and special-purpose electric vehicles

The company operates the world’s largest integrated electric bus manufacturing facility outside China, with an annual production capacity of 20,000 units.

Leadership Vision and Future Targets

Nishant Arya, Vice Chairman & MD of JBM Auto, said FY26 has been transformative, highlighting the company’s role in India’s transition to electric mobility. JBM EV’s integrated platform ensures reliability across diverse terrains, safety, and operational efficiency.

Key future targets include:

• Achieving 60% EV penetration in India’s bus segment by 2030
• Scaling manufacturing and R&D capabilities
• Clocking over 3 billion e-kilometres globally in the next few years

Conclusion

JBM Auto’s FY26 performance underscores its leadership in India’s electric bus ecosystem, providing cities and intercity operators with safe, efficient, and innovative EV solutions. With its robust manufacturing capacity and diverse EV portfolio, the company is well-positioned to drive India’s push toward carbon-neutral public transport.