"PMI Electro Mobility Solutions recorded 1,041 units in 2025, compared to 534 units in 2024, adding 507 buses year-on-year, then doubling its volumes and moving its market share from 14.3% to 23.4%."
"Switch Mobility registered 950 units in 2025, compared to 136 units in 2024, an increase of 814 buses... and a trend growth of nearly 600%. Its market share moved from 3.6% to about 21%, representing an increase of roughly 17.4 percentage points."
"Tata Motors is listed with 223 units in 2025 compared to 1,462 units in 2024: -84%. Its market share moved from 39.2% to 5%, a reduction of 34.2 percentage points."
India's electric bus market expanded by 711 units in 2025, reaching 4,441 registrations compared to 3,730 in 2024, representing approximately 19% growth. PMI Electro Mobility Solutions doubled its market presence, growing from 534 to 1,041 units and increasing market share from 14.3% to 23.4%. Olectra Greentech added 327 buses, reaching 990 units with market share rising to 22.3%. Switch Mobility demonstrated exceptional growth, registering 950 units compared to 136 previously, a nearly 600% increase that elevated its market share from 3.6% to 21%. JBM Auto and Pinnacle Mobility Solutions also showed positive growth. Notably, Tata Motors experienced a dramatic 84% decline, dropping from 1,462 to 223 units, with market share collapsing from 39.2% to 5%.
#electric-buses-india #market-growth-2025 #pmi-electro-mobility #switch-mobility-expansion #tata-motors-decline
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