Electric Buses

India needs investment worth USD 20-30 billion in the EV charging infrastructure to double the pace of growth of the segment, industry body IESA said on Thursday. It is a very niche segment which has just started picking up in the country, India Energy Storage Alliance (IESA) President Debi Prasad Dash said. Sharing his estimates, Dash said the EV charging infrastructure segment is growing at a rate of 25-30 per cent currently in India. To double this growth, investments worth USD 20-30 billion would be required, he said at the 'IESA India EV Fast Charging Summit' in the national capital. On PM E-Drive Scheme, Dash said "We (industry) all are waiting for the scheme to be floated. A few of the things the government is considering before outing the full scheme is they are trying to (figure out) state-wise demand allocation, considering the density of the vehicles in different localities in states and cities." It will give a boost to the EV Charging space and adoption of EVs in the .

It has been pointed out that metro train networks are expensive and not ideal unless commuting distances are long

Plans to expand operations with Rs 650-cr outlay

Of the total, 400 buses will be non-AC and 100 will feature air conditioning, all designed to accommodate 37 seated passengers and 24 standing passengers

The e-bus service will commence soon in Raipur, Bilaspur, Durg-Bhilai, and Korba

This move aligns with our growth plans to expand the non-air business and will help us establish a strong foothold in the growing EV and eMobility sector, said Rikant Pittie, EaseMyTrip's co-founder

The rise in JBM Auto share price came after its subsidiary JBM Electric Vehicles inked a pact with LeafyBus to supply 200 electric intercity luxury buses.

Arunachal Pradesh's capital, Itanagar, is set to improve its urban transport infrastructure with the introduction of a ropeway system and electric buses. The Mayor of Itanagar Municipal Corporation (IMC), Tamme Phassang, said on Tuesday night that discussions for the installation of the ropeway system are in the final stages. The IMC is engaging with companies based in Hyderabad and Gujarat to finalise the project, he said. The proposed ropeway will offer a scenic and efficient transport route connecting key areas of the city, operating between Lobi in Division 4, the Secretariat, Ganga Market, Chimpu and vice versa. In addition to the ropeway, the IMC is collaborating with Arunachal Pradesh State Transport Services (APSTS) to operate 10 electric buses in the capital city, with the potential for future expansion, he said. It will depend on the success of the trials, he said. "These developments demonstrate IMC's dedication to modernising its transport network and promoting sustai

The Union Budget 2024 is expected to be announced in the third week of July. Finance Minister Nirmala Sitharaman to hold pre-budget meeting on June 20

Macquarie Group has rolled out 'Vertelo,' an EV financing platform in India, offering financing, fleet management, and charging infrastructure solutions

Nearly 1.25-1.45 million buses (mainly diesel) operate on intercity or interstate routes currently, with around 250,000 controlled by state governments

The primary focus will be on the production of electric buses while also having the capability to produce other vehicles powered by existing and other emerging alternative fuel

Delhi Lt Governor V K Saxena, Chief Minister Arvind Kejriwal and Transport Minister Kailash Gahlot on Wednesday flagged off 350 electric buses here. With the new buses, the number of electric buses in the DTC fleet has risen to 1650. Talking to reporters after the flag-off Saxena said, "These buses will contribute in a huge way in combating pollution. I am hopeful that we will be able to stop the pollution with these steps." Kejriwal said with the addition of these 350 buses, Delhi has become the first city in the country to have such a high number of electric buses. "Today, 350 buses have been flagged and now there are 1650 electric buses plying on the roads. Delhi is the first city in the country to have the maximum number of electric buses. This will definitely control pollution. Our effort is to phase out CNG buses," he added.

Delhi has now become the city with the maximum number of electric buses in the country

The company had said the strong demand continues with its net order book position of electric buses standing at 8,209 numbers after delivering 214 buses in H1.

Further discussions on basic contours of scheme are currently ongoing. Focus of proposed scheme will clearly be on enhancing electric-based and environment-friendly public transportation in country

Electric vehicle maker EKA Mobility on Wednesday said it will supply 1,000 intercity electric buses to GreenCell Mobility. The two companies have signed a Memorandum of Understanding (MoU), under which 1,000 intercity electric buses in 12-metre and 13.5-metre categories would be supplied by the company to GreenCell Mobility in the next few years, EKA Mobility said in a statement. EKA Mobility will be responsible for supply, sales, and service of these buses, along with delivering quality certification reports. "Our collaboration with GreenCell Mobility is strategically positioned to usher in a cleaner, more sustainable future through electric mass transportation," EKA Mobility Founder and Chairman Sudhir Mehta said. GreenCell Mobility MD and CEO Devndra Chawla said,"This partnership not only strengthens our position in the market but also significantly aligns with our long-term vision for sustainable mobility.

The new fund mechanism from the government is designed to mitigate manufacturers' risks as they access finance for fresh investments

E-bus penetration has reached 7 per cent in FY2023, it noted

Electric buses are expected to account for up to 13 per cent of new bus sales by FY2025, rating agency ICRA said on Monday. Many state Electric Vehicle (EV) policies have announced specific targets and timelines for e-bus adoption, thereby creating a road map for electrification, it noted. With significant operational savings vis--vis conventional diesel buses, ICRA said it expects the demand for e-buses to continue to rise. "ICRA foresees electric buses (e-buses) to be at the forefront of India's electrification drive, with the segment expected to witness healthy traction going forward. ICRA estimates e-buses to account for 1113 per cent of new bus sales by FY2025," it said in a report. According to the report, it expects government subsidies and evolving technologies to play a role in further reducing the capital costs involved in e-buses. The traction in the e-bus segment is already visible over the past couple of years, with e-bus volumes as well as penetration levels improvin