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JBM Auto emerges as top player in India's electric bus market with 49% share in May 2026

04 Jun 2026 Evaluate

JBM Auto has emerged as the top player in India's electric bus segment with a 49% market share in May 2026, according to Vahan portal data. The company recorded 157 electric bus registrations during the month, the highest in the industry.

The company has retained its market leadership after having posted highest electric bus registrations in FY26 and now registering a staggering 49% share in May 2026, reflecting strong execution and growing adoption of its electric mobility solutions. The step is further reinforced by the recent integration of Telangana's registration data into the Vahan portal from May 2026, offering a more comprehensive view of national performance.

This growth is underpinned by the company’s advanced manufacturing capabilities, enabling the development of high-strength, lightweight bus platforms tailored for efficient and sustainable public transport. The company continues to leverage global technologies to deliver reliable, high-performance electric mobility solutions at scale.

JBM Auto is the flagship company of JBM Group. It is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of Buses.

JBM Auto Share Price

692.35 24.25 (3.63%)
04-Jun-2026 16:59 View Price Chart
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