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...
20 Feb, 2025, 09.57 AM IST
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...
03 Jan, 2025, 11.21 PM IST
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...
10 Aug, 2024, 10.48 AM IST
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...
27 Nov, 2023, 01.55 PM IST
Proposing changes to make electric buses more viable: GadkariThe centre is evaluating options to make electric buses lucrative for bus makers and state transport utilities (STUs) said Minister for Roa...
24 May, 2023, 04.00 PM IST
Automakers steer clear of Rs 5,000 crore tender for e-bus; cite concerns over payment, labourThe lack of a payment security mechanism is restricting participation from established Indian automakers in the country's Rs 5,000 crore-te...
21 Apr, 2023, 03.56 PM IST
CESL floats tender for 4,675 e-buses worth Rs 5,000 crTo accelerate EV adoption and cut fuel imports, carbon emissions and air pollution, STUs (state transport utilities) in Delhi, Kerala and T...
05 Jan, 2023, 03.56 PM IST
E-bus tender discovers 29 pc lower price than diesel ones: CESLThis is the first tender under the National Electric Bus Programme (NEBP). The lowest price discovered for a 12-meter bus (intra-city) was ...
03 Jan, 2023, 02.04 PM IST
Delhi govt buying e-buses at higher rate than price discovered in tenderThe Delhi government will be paying almost ₹61.15 a km for 330 buses against the lowest quote of ₹47.49 a km in a CESL tender floated in Ja...
08 Jul, 2022, 12.55 AM IST
CESL plans mega tender of 50,000 e-buses over 5 yearsCompany’s managing director, Mahua Acharya, said after such mega tenders are set to lower costs, she expects state transit utilities to eve...
02 Jun, 2022, 12.14 AM IST
Tata Motors sweeps Rs 5,000 cr e-bus government tenderThe buses will benefit from the central government subsidy offered under the remodeled FAME II scheme administered by the Ministry of Heavy...
27 Apr, 2022, 04.37 PM IST
Ashok Leyland wins Bangalore Metropolitan Transport Corporation tender for 300 non-AC electric busesThis is the 5th time BMTC is tendering 300 electric buses under the FAME scheme and 5 bidders participated which include Ashok Leyland , Ta...
21 Sep, 2021, 08.39 PM IST
Govt to invite bids for reallocation of subsidy for 2,000 e-buses in FebruaryThe government is expected to issue an expression of interest next month under the ongoing second phase of Faster Adoption and Manufacturin...
22 Jan, 2020, 12.05 AM IST
Cash-starved transport utilities, rigid rules hit bidding for e-busesIn some states, the transport utilities have allegedly paid salaries to their staffers out of the subsidy given by the Centre for electric ...
26 Nov, 2019, 06.24 AM IST
E-bus suppliers quote high prices for tenders under FAME II schemeOwing to payment security risks in states with weaker transport departments and tough bidding conditions, Electric bus suppliers in variosu...
21 Nov, 2019, 07.45 AM IST
BYD-Olectra, Tata Motors, Ashok Leyland in fray to supply, operate 1,200 e-busesState transport utilities have floated, or are in the process of floating, tenders for about 5,500 electric buses, and out of these bids fo...
07 Nov, 2019, 07.51 AM IST
Adani plans e-bus foray with SEZ production facility, Taiwan tie-upExperts believe that Adani's entry, along with a foreign player, will change the dynamics of the Indian electric buses segment that has lim...
21 May, 2018, 06.17 AM IST