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These buses will be deployed in 13 cities across Chhattisgarh, Rajasthan, and Meghalaya. The company will handle the procurement, operation, and maintenance of the electric buses.
The Hydrogen Fuel Cell bus can carry over 30 passengers and will be tested for three years at Cochin International Airport (CIAL).
The buses come with advanced safety features like ABS brakes, electronic stability control (ESC), full air suspension with electronically controlled air suspension (ECAS), and a rollover-engineered structure.
Fast-charging corridors will be set up along major roads like the Ring Road and Outer Ring Road to make EV charging easily available across the city.
Mohit Sharma has 27 years of experience in human resources and worked at companies like Whirlpool, VVF Group, and Parle Agro.
JODT is a joint venture between JBML, JBM Auto Ltd. (JBMA), and OTC. The company specializes in producing and selling press stamping dies.
The Ministry of Heavy Industries updates the PM E-DRIVE Scheme to promote local manufacturing of electric vehicle components.
In this news, we will analyze the brand-wise sales trend of Electric buses in India in February 2025 based on the Vahan Dashboard data.
The main goal of JBM EV new Ventures is to offer electric vehicle (EV) battery services on a subscription basis, which includes leasing and renting of EV batteries.
The buses, built on Mahindra's chassis platforms, come with several comfort features like 17-inch wide seats, USB charging points, and fans for each seat row.
Under this tender, JBM Ecolife Mobility will manage the entire project from start to finish.
Ashok Leyland, part of the Hinduja Group, plans to deliver the buses between June and August this year.
With an allocation of ₹4,391 crore, the electric bus subsidy makes up nearly 40% of the total scheme budget, making it the largest share.
This is the second major investment in PMI Electro Mobility, after receiving funding from Piramal Alternative Funds in 2023 through convertible securities.
Additionally, the company will put ₹200 crore into Hinduja Finance to strengthen its financial stability.
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