Electric bus penetration rises to 4.5% in FY26

THE ELECTRIFICATION OF India’s public bus fleet is gaining traction with electric buses accounting for 4.5% of total bus salesin FY26 so far,up from 3.5% in FY25, as central and state tenders begin translating into large-scale deployment.

- NITIN KUMAR

Of the 91,574buses sold in FY26 till February 16, 4,158 were electric, according to Vahan data.This compares with 3,317 electric buses out of 95,641 units soldin FY25,indicating a steady rise in penetration even as overall volumes remain largely stable.

PMI Electro emerged as the largest seller in FY26 so far, accounting for 1,006 electric buses, or nearly a quarter of total e-bus sales during the period. Switch Mobility followed with 879 units, while Olectra clocked 853 buses followed by BM Auto at 817 units. Tata Motors and Volvo Eicher Commercial Vehicles were distant contenders, with 175 and 42 electric buses sold, respectively.