JBM Auto Secures 49% Market Share in May, Dominates India's Electric Bus Segment
JBM Auto Limited has cemented its position as a market leader in India’s electric bus segment, achieving a 49% market share in May 2026. This milestone was reached after the company registered 157 electric buses during the month, marking the highest registrations recorded in the industry for that period, according to Vahan portal data.The surge reflects JBM Auto's strong execution and growing adoption of its electric mobility solutions. The company has retained market leadership following previous records set in FY26, with registrations climbing significantly from 33% market share in April to the commanding 49% in May for FY27 YTD. The performance is further contextualized by the integration of Telangana’s registration data into the Vahan portal starting in May 2026.
JBM Auto's success is attributed to its advanced manufacturing capabilities, which allow for the development of lightweight and high-strength bus platforms designed for efficient public transport. By leveraging global technologies, the company delivers reliable, high-performance electric mobility solutions at scale.
Commenting on this achievement, Mr. Nishant Arya, Vice Chairman and Managing Director of JBM Auto, stated that the growth reflects a clear focus on decarbonizing public transport while adhering to global benchmarks in sustainable mobility. He added that the aim is not merely to reduce emissions but also to enhance everyday mobility by making it smarter, safer, and more accessible through innovation and user-centric design.
The company operates the world's largest dedicated integrated electric bus manufacturing facility outside China, which has an annual capacity of 20,000 buses in the NCR region. To date, JBM Auto’s electric fleet has accumulated over 400 million e-kilometres and served more than one billion passengers, contributing to the saving of over one billion kilograms of CO2 emissions.
JBMA Stock Price Movement
Today, shares of JBM Auto Limited surged to close at ₹669.25 after the stock gained 3.72% in post-market trading. The equity finished within a day range of ₹636.9 and ₹679 on a total traded volume of 1,347,352 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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