E-bus subsidy maybe cut for wider runThe government might reduce the per unit subsidy for electric buses under the PM E-Drive scheme to expand coverage without raising the budg...
Chartered Speed looks to operate over 900 E-Buses in 13 cities under PM e-Bus Sewa SchemeChartered Speed, a bus passenger mobility firm based in Gujarat, has secured a contract to operate over 900 electric buses under the Pradha...
JBM Auto shares plummet 4% amid high trading volumesJBM Auto shares fell to an intraday low of Rs 618.60 on the BSE amid heavy trading, following a 14% surge earlier. The company secured a te...
Adani Enterprises, EKA, JBM, others in race to supply and run 4,588 E-busesAdani Enterprises, EKA Mobility, and other major companies are leading in the CESL tender to supply and maintain 4,588 electric buses under...
India to soon have second largest metro network in world: Manohar LalIndia is expanding its metro network. 997 kilometers of metro rail is under construction across 28 cities. 993 kilometers is already operat...
Centre can deduct outstanding payments from states getting benefits of PM e-busThe centre can deduct outstanding dues from states under the PM E-Bus scheme using a Direct Debit Mandate with RBI. PTAs will operate elect...
CPP, ADB in talks to infuse $100 million into JBM EcolifeJBM Ecolife Mobility had funding discussions with Canada Pension Plan Investment Board and Asian Development Bank regarding $100 million fo...
Centre working on payment security mechanism to buy 150,000 e-busesThe Centre is developing a payment security mechanism (PSM) to facilitate the procurement of 150,000 e-buses. The PSM aims to address issue...
E-buses to take 8% share in FY25 bus sales: CrisilIn the next fiscal year starting April 1, India expects the share of electric buses (e-buses) in new bus sales to rise to 8%, doubling from...
E-buses to account for 11-13% of new bus sales by FY25, says reportElectric buses (e-buses) are expected to account for 11-13% of new bus sales by FY25, according to a report by credit rating agency ICRA. E...
E-buses expected to account for 11-13 pc of new bus sales by FY25: Report"ICRA foresees electric buses (e-buses) to be at the forefront of India's electrification drive, with the segment expected to witness healt...
Centre set to expand e-bus service with focus on smaller citiesAddressing the 16th Urban Mobility India Conference and Exhibition being hosted here from October 27-29, Puri pointed out that inside the c...
'PM-eBus Sewa' scheme to be rolled out in 5-6 months: Urban affairs ministryThe Indian government's 'PM-eBus Sewa' scheme, which aims to provide 10,000 electric buses to 169 cities through a public-private partnersh...
JBM Auto gearing up to participate in PM-eBus Sewa schemeJBM Auto, which already has orders for 5,000 electric buses from across the country in its kitty, is looking to go through the policy fine ...
PM-eBus Sewa to act as catalyst for EV promotion across urban centres: SMEVThe initiative holds the potential to generate direct employment opportunities and help upskilling existing resources, said director genera...
PM-eBus Sewa will take electric mobility to grassroots level: Industry playersUnder the scheme, 10,000 e-buses will be deployed on a public-private partnership (PPP) model in 169 cities.
PM e-bus sewa: India's cabinet allows governments to spend Rs 57,613 cr for 10,000 new e-busesThe Cabinet, chaired by Prime Minister Narendra Modi on Wednesday approved the PM e-Bus Sewa Scheme, Minister of Information and Broadcasti...