JBM Secures Major Electric Bus Contract Under India’s PM e-Bus Sewa Scheme-2

JBM Ecolife Mobility, a subsidiary of JBM Auto Limited, has secured an order for 1021 electric buses under the Government of India’s PM e-Bus Sewa Scheme-2 initiative. The total order valued at approximately Rs 5,500 crore. These buses will be deployed in the states of Gujarat, Maharashtra and Haryana.

Under this tender, JBM Ecolife Mobility will oversee the project’s execution, including vehicle supply and operational management. The project will be supported by a Payment Security Mechanism (PSM). These e-buses will clock over 32 bn+ passengers e-kms and will save over 1 bn+ CO2 emissions over 12 years of deployment.

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JBM Auto has been operating in the public mobility sector for a decade. 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.

Nishant Arya, Vice Chairman & Managing Director, JBM Auto, said: “We are proud to be a part of this transformative initiative that aims to revolutionize public mobility to all parts of India. 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.”

JBM Auto has already deployed around 2,000 electric buses across various geographies, including India, Europe, the Middle East, and Africa. With this order, the company’s order book now stands at 11,000+ electric buses. Additionally, JBM has established the world’s largest dedicated integrated electric bus manufacturing facility (outside China), located in the Delhi-NCR region, with an annual production capacity of 20,000 electric buses.