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Data▲ Bullish for JBM Auto
JBM Auto leads India’s electric bus registrations in September with 33% share: Vahan data
The brief
- JBM Auto registered 274 electric buses in September, the highest among manufacturers
- Its 33% share led India’s electric bus registrations
- A leading registration share supports the outlook for JBM Auto and India’s electric-bus sector
- Weak monsoon weighs on rural demand; September tractor sales fall at M&M and Escorts Kubota
- Two tractor stocks: Escorts Kubota shares fall 6%; VST Tillers shares rally 5% after September sales
- Mahindra tractor sales fall 21% in September, but trucks and buses sales rise 53%
- Switch Mobility wins Delhi order for 840 electric buses under PM E-Drive
- Trump admin to roll out lower fuel economy standards for cars, light trucks