33% electric bus market share in September 2026; 274 e-buses registered
Press release: 274 electric buses registered in September 2026, highest in the country as per Vahan data, giving a 33% market share.
- September 2026 e-bus registrations
- 274 electric buses registered in September 2026, highest in the country as per Vahan data
- September 2026 market share
- 33% market share
- H1FY26-27 e-bus registrations
- 892 e-buses registered in H1FY26-27 (April–Sept 2026)
- H1FY26-27 market share
- ~24% share of the 3,771 industry registrations
- NCR plant capacity
- 20,000 buses a year
What was shared
A press release under Regulation 30 on the company's electric bus registrations.
Key figures
- 274 electric buses registered in September 2026, described as the highest in the country as per Vahan data
- 33% market share in September 2026
- 892 electric buses registered in H1FY26-27 (April–September 2026)
- Approximately 24% market share for the April–September 2026 period
- Indian electric bus market recorded 3,771 registrations in the same period
Capacity and scale
The company states it operates a dedicated integrated electric bus manufacturing facility in the NCR region with an annual manufacturing capacity of 20,000 buses, integrating design, engineering, testing, validation and manufacturing.
Cumulative milestones cited
- Over 450 million e-kilometres covered to date
- Over 2 billion passengers served
- Over 1 billion kilograms of CO2 emissions avoided
How to read it
This is an operational update based on registration data, not a financial result or an order win. Monthly registration share can move with the timing of state transport deliveries, so a single month's share need not repeat. Investors can track whether monthly volumes build on the H1 run rate.
More numbers
- E-buses registered Sept 2026274 electric buses
- Market share Sept 202633%
- E-buses registered H1FY26-27892 electric buses
- Market share Apr-Sept 2026~24%
- Industry e-bus registrations Apr-Sept 20263,771 registrations
- Annual manufacturing capacity20,000 buses
- Cumulative e-kilometresover 450 million e-kilometres
- Passengers servedover 2 billion passengers
- CO2 emissions avoidedover 1 billion kilograms
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