Wednesday | Mar 26 2025 | 01:08:23 AM
JBM Ecolife Mobility, a subsidiary of JBM Auto, has secured an order for 1021 electric buses, valued at approximately Rs 5,500 crore, under the Government of India’s PM e-Bus Sewa Scheme-2 initiative. These buses will be deployed in the states of Gujarat, Maharashtra and Haryana.
Under this tender, JBM Ecolife Mobility will be responsible for the end-to-end execution. The project will be supported by a Payment Security Mechanism (PSM), ensuring timely payments to electric bus operators and enhancing financial sustainability for industry stakeholders. These e-buses will clock over 32 bn+ passengers e-kms and will save over 1 bn+ CO2 emissions over 12 years of deployment.
Speaking on this achievement, Nishant Arya, Vice Chairman & Managing Director, JBM Auto, said: “This significant order strengthens our commitment to providing world-class, sustainable, and technologically advanced public mobility solutions. With a strong focus on innovation and infrastructure development, JBM is dedicated to making electric mobility more accessible, efficient, and environment friendly.”
This year marks a decade of JBM Auto’s presence in the public mobility segment. Over the next 3-4 years, the company envisions serving over 20 billion passengers and covering 3 billion e-kilometres, ensuring safe, reliable, and memorable travel experiences.
