JBM Auto Dominates India's EV Bus Market with 49% Share in May 2026
JBM Auto achieved a 49% market share in India's electric bus segment in May 2026, registering 157 units. This marks a significant increase from April's 33% share. The company maintains its leadership in the electric mobility sector, leveraging advanced manufacturing and sustainable solutions.
The substantial market share increase and leadership position in a growing sector like electric mobility have a significant impact on the company's market standing and future prospects.
The announcement highlights JBM Auto's market leadership and significant growth in the electric bus segment, indicating strong business performance and positive market reception.
JBM Auto Limited has secured a leading position in India's electric bus market, capturing a 49% market share in May 2026, as per data from the Vahan portal. The company registered 157 electric buses during the month, marking the highest number in the industry. This achievement reinforces JBM Auto's market leadership, following its strong performance in FY26. The surge in market share from 33% in April to 49% in May FY27 YTD is attributed to the company's advanced manufacturing capabilities and its focus on delivering efficient and sustainable public transport solutions.
Mr. Nishant Arya, Vice Chairman and Managing Director of JBM Auto, commented on the milestone, stating, "Our growth reflects a clear focus on decarbonising public transport while aligning with global benchmarks in sustainable mobility. At JBM Auto, we are building solutions that combine innovation, efficiency, and user-centric design. Our aim is not only to reduce emissions, but also to enhance everyday mobility by making it smarter, safer, and more accessible."
The company operates a significant integrated electric bus manufacturing facility in the NCR region, boasting an annual capacity of 20,000 buses. To date, JBM Auto's electric buses have accumulated over 400 million e-kilometres, served more than one billion passengers, and contributed to saving over one billion kilograms of CO2 emissions.
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JBM Auto Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by JBM Auto Limited. Read the original for the full detail.