OEM Wise Electric Bus Sales Report for September 2025

Key Highlights

• Total sales stood at 343 units, a decline of 12% month-on-month.

• Olectra Greentech led with 143 units, capturing 41.7% market share.

• PMI Electro Mobility recorded strong growth with 85 units sold, holding 24.8% share.

• Switch Mobility slipped to third place with 70 units, securing 20.4% share.

• Major OEMs like Tata Motors and JBM Auto witnessed heavy declines.

India’s electric bus market witnessed mixed results in September 2025, with total sales reaching 343 units, down 12% compared to August 2025, when 391 units were sold. Despite the overall decline, a few OEMs managed to grow strongly, while others saw steep drops in their numbers.

According to the Vahan Dashboard (as of October 2, 2025, excluding Telangana data), Olectra Greentech emerged as the top performer, followed by PMI Electro Mobility and Switch Mobility.

Electric Bus Sales Data (September 2025)

OEM Wise Performance Breakdown

Olectra Greentech

Olectra Greentech sold 143 units in September 2025, up from 98 units in August 2025. This marked a strong 46% month-on-month growth, helping the company capture the highest market share of 41.7%, further strengthening its leadership in the segment.

PMI Electro Mobility

PMI Electro Mobility recorded sales of 85 units in September compared to 58 units in August. With a 47% growth rate, the highest among the top OEMs, PMI secured a 24.8% market share, standing firmly as the second-largest seller.

Switch Mobility

Switch Mobility witnessed a decline as sales dropped to 70 units from 97 units in August. This represents a 28% fall month-on-month. However, the company still managed to retain a 20.4% market share, keeping its position in the top three.

JBM Electric

JBM Electric managed modest growth, selling 11 units in September compared to 10 in August, marking a 10% increase. Its share in the market stood at 3.2%.

Tata Motors

Tata Motors faced a sharp decline, with sales falling drastically from 49 units in August to just 11 units in September. This resulted in a 78% drop, though its market share of 3.2% was equal to JBM Electric.

JBM Auto

JBM Auto experienced one of the steepest falls, as sales dropped from 62 units in August to only 10 units in September. This translated into an 84% decline, reducing its share to 2.9%.

VE Commercial

VE Commercial made its way into the chart with 6 units sold in September 2025, contributing to a modest 1.7% market share.

Pinnacle Mobility

Pinnacle Mobility reported sales of just 5 units, down from 12 in August. This reflects a 58% drop, leaving it with a 1.5% share of the total sales.

Others

Others contributed 2 units in September, a decline from 5 units in August. This was a 60% fall, and their overall share remained minimal at 0.6%.

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CMV360 Says

The Indian electric bus market in September 2025 saw a slowdown in overall sales, but strong performances from Olectra Greentech and PMI Electro Mobility balanced the decline. While Switch Mobility maintained its position among the top three, OEMs like Tata Motors and JBM Auto witnessed significant downturns. With demand for sustainable mobility growing, competition among electric bus manufacturers is expected to intensify in the coming months.