JBM Auto Leads India’s Electric Bus Market with 24% Share in FY26

JBM Auto

JBM Auto Limited has emerged as the leading electric bus manufacturer in India, capturing over 24% market share in FY26, reinforcing its position in the country’s rapidly growing electric mobility sector.

The milestone highlights JBM Auto’s growing influence in advancing sustainable public transportation and electric vehicle adoption in India.

Strong Growth Across Key Markets

During FY26, JBM Auto registered 1,282 electric buses across multiple states, including:

  • Telangana
  • Delhi
  • Maharashtra
  • Gujarat
  • Assam

The company has expanded its footprint across both public transport systems and private mobility segments, including luxury coaches and airport tarmac buses.

Leadership in Specialized Electric Bus Segments

JBM Auto has established a dominant position across multiple niche segments:

  • 79% market share in electric tarmac buses
  • Over 50% market share in intercity luxury electric coaches

This diversified presence strengthens the company’s leadership across urban, intercity, and specialized transport categories.

Robust Order Book and Future Outlook

With an order book exceeding 10,000 electric buses, JBM Auto is well-positioned to capitalize on India’s push toward electrification.

The company aims to support the country’s goal of achieving nearly 60% electric vehicle penetration in the bus segment by 2030.

Leadership Perspective

Nishant Arya, Vice Chairman and Managing Director of JBM Auto, stated that FY26 has been a transformative year for the company.

He emphasized that JBM Auto’s leadership reflects its technological capabilities, operational excellence, and commitment to India’s carbon-neutral vision.

He also highlighted the company’s focus on scaling manufacturing and R&D to deliver safe, efficient, and innovative electric mobility solutions.

Advanced Manufacturing Capabilities

JBM Auto operates one of the largest integrated electric bus manufacturing facilities globally outside China, with an annual production capacity of up to 20,000 buses.

The company offers a comprehensive portfolio of electric buses, including:

  • City buses
  • Intercity buses
  • Luxury coaches
  • School and staff buses
  • Tarmac and special-purpose vehicles

Driving Global Electric Mobility

JBM Auto is also expanding its global footprint, with a target for its electric buses to collectively clock over 3 billion electric kilometers (e-kms) in the coming years.

Industry Outlook

India’s electric bus market is witnessing rapid growth, driven by:

  • Government policies promoting EV adoption
  • Urbanisation and public transport demand
  • Sustainability and emission reduction goals

Companies like JBM Auto are playing a critical role in accelerating this transition by delivering scalable, locally manufactured EV solutions.

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