'FY27 expected to be a strong execution year'

Switch Mobility closed FY26 strongly with a robust rise in bus and LCV sales.

- @ GANESH MANI, CEO, SWITCH MOBILITY

With an order book of over 1,600 buses and an annual capacity of 5,000-7,500 units, the company is gearing up for another year of expansion. CEO Ganesh Mani speaks to Akbar Merchant about the company’s growth drivers, competition, exports and the evolving EV ecosystem. Excerpts:Can you share your yearly and quarterly sales performance and how did momentum trend through Q4?

FY26 was a strong execution year. Bus volumes rose from 444 units in FY25 to 1,166 units in FY26. Quarterly momentum improved steadily, from 177 units in Q1 to 542 units in Q4, compared with 326 units in Q4 FY25. This reflects better readiness, delivery capability and growing market acceptance.

What drove this scale-up versus peers?

Growth has been driven by policy support and consistent execution. In a nascent EV market, customer confidence depends on product reliability, uptime and service. We focus on lifecycle-led total cost of ownership (TCO), supported by battery management systems and SWITCH iON for real-time monitoring. We deliver 98% uptime and over 95% customer satisfaction with 24x7 support.