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PMI wins major e-bus tender for 5,210 units

after close1 source ↓written by the desknot a recommendation

winning orders
5,210 buses
10,900
of the 4
25% market share
Olectra follow
3,485
1,785 buses

The Centre has concluded the largest electric bus tender under the PM E-DRIVE scheme, with PMI Electro winning orders for 5,210 buses out of 10,900. This positions PMI as the largest electric bus manufacturer in India, holding a 25% market share of the 4,239 electric buses sold in 2025. EKA Mobility and Olectra follow with 3,485 and 1,785 buses, respectively.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 25 Dec 2025, 16:05 IST.

Sourcesnews.google.com

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