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Electric Bus Sales May 2026: JBM Electric Dominates with 49% Market Share, Olectra Sees Strong Growth

Electric Bus Sales May 2026: JBM Electric Dominates with 49% Market Share, Olectra Sees Strong Growth

JBM Electric Vehicles dominated electric bus sales in May 2026 with 157 units and 49.1% market share, while overall industry sales declined 8% month-on-month.

Bus04-Jun-26•••
Olectra Adopts Advanced 3DEXPERIENCE Platform to Fast-Track Future Electric Buses and Trucks

Olectra Adopts Advanced 3DEXPERIENCE Platform to Fast-Track Future Electric Buses and Trucks

Olectra partners with Dassault Systèmes to adopt the 3DEXPERIENCE platform for faster electric bus and truck development with virtual engineering and digital product validation.

Truck11-May-26•••
Olectra MD Urges India’s Bus Industry to Lead Global Electric Mobility Shift

Olectra MD Urges India’s Bus Industry to Lead Global Electric Mobility Shift

Olectra MD Mahesh Babu urges India’s bus industry to lead electric mobility with innovation, lower costs, and fast charging, highlighting the need for global leadership in the sector.

Bus28-Apr-26•••
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Olectra Greentech Unveils New Brand Identity Reflecting Integrated Mobility Vision

Olectra Greentech Unveils New Brand Identity Reflecting Integrated Mobility Vision

Olectra Greentech has unveiled a new brand identity, signaling its evolution from electric bus manufacturing to integrated mobility and energy solutions. The company operates over 3,600 electric vehicles and has an order book exceeding 10,000 units.

Bus10-Apr-26•••
Olectra Greentech Limited Appoints Dr Allabaksh Naikodi as Head – EV Systems to Strengthen Powertrain and Battery Technology

Olectra Greentech Limited Appoints Dr Allabaksh Naikodi as Head - EV Systems to Strengthen Powertrain and Battery Technology

Olectra Greentech strengthens EV tech by appointing Dr. Allabaksh Naikodi as Head - EV Systems, enhancing powertrain, battery systems, and innovation across electric buses and large-format mobility solutions.

Buses25-Feb-26•••
TGSRTC Awards Olectra Unit 1,085 E-Bus Order Worth Rs 1,800 Crore for Telangana

TGSRTC Awards Olectra Unit 1,085 E-Bus Order Worth Rs 1,800 Crore for Telangana

TGSRTC awards Olectra unit EVEY a Rs 1,800 crore contract for 1,085 electric buses under a 12-year GCC model for intra-city services in Telangana.

Buses23-Feb-26•••
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Anand Kumar Appointed Head of Brand and Communications at Olectra Greentech

Anand Kumar Appointed Head of Brand and Communications at Olectra Greentech

Olectra Greentech appoints Anand Kumar as Head of Brand, Marketing, Digital, and Communications to strengthen its position in India’s fast-growing electric mobility and clean transport market.

Buses27-Jan-26•••
Olectra Greentech Strengthens Market Leadership in 2025 with Dominant Electric Bus Registrations

Olectra Greentech Strengthens Market Leadership in 2025 with Dominant Electric Bus Registrations

Olectra Greentech tops 2025 electric bus registrations with strong market share, steady growth, and leadership in clean mobility, strengthening outlook for Olectra price in India 2026.

Bus17-Jan-26•••
Olectra Greentech Begins Phase-I Operations at Hyderabad EV Bus Plant

Olectra Greentech Begins Phase-I Operations at Hyderabad EV Bus Plant

Olectra Greentech begins Phase-I operations at its Hyderabad EV plant, adding 2,500 electric bus annual capacity and boosting India’s sustainable public transport manufacturing ecosystem.

Bus02-Jan-26•••
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Olectra Greentech Faces ₹2.58 Crore Penalty for Delay in EV Plant Construction

Olectra Greentech Faces ₹2.58 Crore Penalty for Delay in EV Plant Construction

Olectra Greentech receives a ₹2.58 crore penalty from TGIIC for delays in its Hyderabad EV manufacturing facility, though partial operations have already begun.

Bus19-Dec-25•••
Puducherry Adds 25 Olectra Electric Buses Under Smart City Plan

Puducherry Goes Green: 25 New Olectra Electric Buses Hit the Roads Under Smart City Mission

Puducherry launches 25 Olectra electric buses under its Smart City initiative to promote sustainable mobility, offering zero-emission travel and modern, eco-friendly public transport solutions.

Bus27-Oct-25•••
Olectra Greentech Appoints Former Switch Mobility CEO Mahesh Babu as MD.png

Olectra Greentech Appoints Former Switch Mobility CEO Mahesh Babu as MD

Olectra Greentech names Mahesh Babu as MD for three years, reshapes board, and eyes growth as India’s electric bus market expands with PM-eBus Sewa and PM E-Drive schemes.

Bus24-Sept-25•••
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Olectra Greentech Clarifies No Direct Penalty in PMPML Case

Olectra Greentech Denies Direct Penalty in PMPML Bus Contract Dispute

Olectra Greentech denies direct penalties in PMPML dispute, clarifies penalties relate to other contractors, and confirms its 150-bus operations remain unaffected.

Bus17-Sept-25•••
CMV360 Weekly Wrap-Up  24th May – 31st May 2025.webp

CMV360 Weekly Wrap-Up | 24th May – 31st May 2025: Olectra Bus Setback, EV Partnerships, AI in Transport, Tata’s Global Moves & India Tops Rice Production

India advances in EVs, agri-tech, and safety reforms, highlighting sustainable growth, rural empowerment, and digital transformation across key sectors.

Truck31-May-25•••
Olectra Shares Tanks After Maharashtra Minister Pushes to Cancel 5,150 Electric Bus Deal

Olectra Shares Tanks After Maharashtra Minister Pushes to Cancel 5,150 Electric Bus Deal

Olectra Greentech holds only 1% share in the special company (SPV) formed for the bus project, while the remaining 99% is owned by EVEY Trans Pvt Ltd.

Bus28-May-25•••
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