Electric bus registrations rise 28.5% in June; PMI Electro emerges as market leader
In June, electric bus registrations in India rose by 28.5%, making up 4.6% of total bus registrations. PMI Electro was the top performer with 24% of registrations, followed by Switch Mobility and Olectra Greentech. The government's encouragement for electrification and plans to deploy 24,000 electric buses in cities are driving this growth, which is expected to continue with state-level policies.