Electric Bus

Electric bus maker JBM Auto's shares soar 15 percent on IFC's largest e-mobility investment worth $100 million

This is the largest ever e-bus deployment project undertaken by IFC, which is a World Bank Group entity.

Centre to launch tender for 10,000 electric buses, reports CNBC-TV18; JBM Auto, Olectra Greentech shares rally

Heavy Industries Ministry will launch a tender in May 2025 to procure buses under PM E-DRIVE Scheme, reported CNBC-TV18 citing sources

Ashok Leyland infuses Rs 500 crore into UK-based Switch Mobility, some funds may flow into India unit

Ashok Leyland had previously shared plans to invest Rs 500 crore into the holding company of Switch Mobility for capex requirement. Optare is the holding entity for Switch UK as well as Switch India, and a part of the fund is expected to flow into the Indian arm as well.

Shares of JBM Auto take a breather, down 3% a day after massive rally on Rs 5,500 crore eBus order

Shares of JBM Auto are taking a breather, a day after a stellar 19 percent rally that it saw following a major e-bus order from the government.

Veera Vahana and Exponent Energy launch 15-minute rapid charging electric bus

Exponent Energy claims to have built the world’s third 1 MW charging technology, after Tesla & Siemens – in India

Olectra Greentech stock zooms 12% as investors cheer Q1 earnings

Olectra Greentech shares surged over 12% after reporting a 34% YoY jump in net profit and a 45% YoY increase in revenue for Q1FY25, with strong EBITDA and EPS growth.

Electric bus catches fire on waterlogged road in Bengaluru, no injuries

Bengaluru Metropolitan Transport Corporation officials said the incident happened at 10.50 pm on August 5 in Kempapura near Hebbal on a flooded road.

Karnataka State Road Transport Corporation to induct 300 electric buses

Karnataka State Road Transport Corporation plans to induct 225 non-AC and 75 AC electric buses on inter-city routes under lease model.

Uttar Pradesh e-bus plant to begin operations in 12-13 months: Ashok Leyland's Dheeraj Hinduja

Speaking of the plant's capacity, Hinduja said it will be a small facility with 2,500 buses which can be ramped up to 5,000.

Indore's BRTS corridor to go green with all-electric bus fleet

All diesel-run buses plying on the 11.45 km-long route will be replaced by electric buses, municipal commissioner Harshika Singh told reporters.

500 electric buses to be flagged off in Delhi on January 23: Transport Minister Kailash Gahlot

Gahlot said this while travelling in a Delhi Transport Corporation (DTC) bus. During his bus ride, which sought to encourage people to use public transport, the minister also interacted with people.

VECV to supply 1,000 electric buses to GreenCell Mobility in next 5 years

The two parties have signed a memorandum of understanding, which envisages VE Commercial Vehicles (VECV) supplying 1,000 Eicher electric buses to GreenCell's intercity bus business NueGo.

Exclusive: Focusing on the ‘cooling’ sector will bring the biggest and fastest gains, says EESL chief

Vishal Kapoor said Energy Efficiency Services Limited is looking to expand its client base to MSMEs, offering them 35 energy-efficient technologies.

Electric bus catches fire in Mumbai during battery charging, nobody injured; BEST GM asks Tata Motors to check vehicles

The incident occurred around 5 am and the blaze was doused within 15 minutes, officials said, adding that nobody was injured in it.

Tata Motors delivers prototype of non-AC electric bus to Bengaluru's BMTC

A total of 921 e-buses to be inducted on a lease basis by March 2024 under the Centre's FAME-II scheme.