Page 2 - Electric Bus

Amid overall electric vehicle boom: E-bus market share falls to under 3%

Industry experts attribute the decline to delays in bus supply from original equipment manufacturers (OEMs) and the lack of state government's efforts in enforcing timely procurement

India's plan for 50,000 electric buses on its roads gets support from US

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

Delhi notifies premium bus aggregator scheme to encourage public transport

Electric premium buses will be exempt from licence fees

Buses except CNG, electric, BS-VI diesel may be barred from entering Delhi

The Delhi government is likely to impose a complete ban on passenger buses except those running on CNG, electricity and BS-VI diesel from entering the national capital in view of the pollution situation. Restrictions under GRAP Stage IV are currently in place in Delhi amid plummeting air quality in the national capital. At present, only trucks are barred from entering the city. A source said, "Chhath Puja is around the corner and there is a huge rush being witnessed because of it. We are planning to implement a ban after the festival." Last month, the Delhi government directed that all buses entering the national capital from Haryana will have to be run on electricity, CNG or BS-VI diesel. Buses entering from the NCR regions of Uttar Pradesh and Rajasthan also need to follow these norms. The city government's transport department said all buses entering Delhi from any city or town in Haryana, Rajasthan and Uttar Pradesh from July 1 will only be those that run on electricity, CNG

Ashok Leyland plans to invest Rs 1,200 crore into Switch Mobility

In September 2023, Switch India launched its state-of-the-art e-LCVs

Delhi govt inks pact with Switch Mobility for 950 low-floor e-buses

The Delhi government has inked an agreement with Switch Mobility for 950 low-floor electric buses. Delhi Transport Minister Kailash Gahlot told PTI that the 12-metre buses would start arriving within four to six months. These e-buses will be equipped with CCTV cameras, panic buttons and GPS devices, Gahlot said, adding that Delhi has the highest number of electric buses in the country. In a post on X, Delhi Transport Commissioner Ashish Kundra said, "Delhi Government signs an agreement with @SwitchMobility for 950 low-floor 12-meter electric buses under National bus programme." Switch Mobility is the electric vehicle division of Hinduja Group's flagship company Ashok Leyland.

LIVE updates: Curfew reimposed in Manipur's Imphal valley, say officials

Catch all the latest updates from across the globe here

Step towards cleaner, quieter, greener future, says Delhi CM Kejriwal

He also thanked the US Ambassador to India, Eric Garcetti for his support for green and sustainable transportation.

VECV to supply 1,000 electric buses to GreenCell Mobility in 5 years

GreenCell Mobility and VE Commercial Vehicles on Friday said they have entered into an agreement for supply of 1,000 electric buses in the next five years. The two parties have signed a memorandum of understanding, which envisages VE Commercial Vehicles (VECV) supplying 1,000 Eicher electric buses to GreenCell's intercity bus business, NueGo, the two companies said in a joint statement. NueGo is already operating in over 30 cities, including Delhi, Chandigarh, Dehradun, Agra, Jaipur, Ludhiana, Bhopal, Indore, Hyderabad, Vijayawada, Bengaluru, Tirupati, Chennai and Pondicherry. "With our focus on superior uptime, backed by a strong alternate fuel programme, we look forward to our partnership with GreenCell Mobility, as we jointly endeavour to decarbonise city mobility," VECV Managing Director and Chief Executive Officer (MD & CEO) Vinod Aggarwal said. "The collaboration strengthens our resolve to reshape the mobility landscape and lead the charge towards sustainability," GreenCell .

PMI Electro Mobility Solutions plans to raise around Rs 250 crore: CEO

Electric bus maker PMI Electro Mobility Solutions plans to raise around Rs 250 crore to part fund doubling of production capacity and meet working capital requirements, according to company CEO Aanchal Jain. The company, which is setting up a new manufacturing unit in Pune, could put in an estimated investment of Rs 150 crore in the expansion. PMI Electro Mobility Solutions (PMI) currently has an annual manufacturing capacity of 1,500 units, which can be increased to 2,500 to 3,000 units on multiple shifts, at its plant at Dharuhera in Haryana. "We have another construction going on at Pune, which will add another 3,000 units capacity (annually) to us," Jain told PTI. She said the Pune plant is a joint venture with BeiqiFoton Motors of China, with which PMI has a technical tie-up. When asked about the investment in the new plant, she did not share a concrete figure but said it is estimated to be around Rs 150 crore from the PMI side. The land belongs to BeiqiFoton and PMI is inve

Centre plans to announce Rs 57K cr PM e-Bus Sewa guidelines within a month

Unlike FAME-II, the PM-eBus Sewa scheme proposes a kilometre-based incentive structure spanning a decade

Economies of scale to take electric-bus penetration above 70% by 2030

India is expected to become one of the world's major electric vehicle markets by 2030, growing at a 49 per cent compound annual growth rate (CAGR) between 2021 and 2030

GreenCell's NueGo battery-operated buses to soon zip through roads in TN

Electric tourist bus service NueGo promoted by GreenCell Mobility would soon ply on the local routes in Tamil Nadu, the state government said on Sunday. Recently, NueGo became the first battery-operated transport vehicle to be registered in the state following the government order stating all such passenger vehicles shall be issued permits by the transport department. GreenCell's NueGo battery-operated buses will soon ply in Tamil Nadu on local routes, the Industries department said in a social media post. "With the support of the government's forward-thinking policies, we are proud to be the first battery-operated transport vehicle to be registered, paving the way for a greener, sustainable future in transportation," GreenCell Mobility MD and CEO Devndra Chawla said in a company statement. NueGo is currently operating between Chennai-Tirupati, and Chennai-Puducherry routes, and has planned to expand its presence in Tamil Nadu. "As the first pan-India inter-city electric tourist b

TMS Ep502: Indian economy, PM e-bus Sewa, markets, Parliamentary privilege

Are fresh headwinds hurting the Indian economy? Is India's plan to buy 10,000 electric buses enough? What can move the needle on markets now? What is parliamentary privilege? All answers here

Weekend Bites: E-transport, falling rupee, moon shot, and horror in court

In which we munch over the week's platter of news and views

PM-eBus Sewa to act as catalyst for EV promotion across urban centres: SMEV

The PM-eBus Sewa will act as a catalyst for promotion of electric vehicles across urban centres to drive the penetration of electric mobility, Society of Manufacturers of Electric Vehicles (SMEV) said on Thursday. "Buses being a pivotal source of urban pollution, the decision will help substantially reduce pollution levels and consequential carbon emissions," SMEV Director General Sohinder Gill said in a statement. "Moreover, this strategic manoeuvre is set to act as a catalyst for the promotion of electric vehicles across diverse urban centres, enabling a more extensive embrace of electric mobility," he said. The initiative holds the potential to generate direct employment opportunities and help upskilling existing resources, he said, adding that the scheme will also introduce economies of scale for the procurement of electric buses. It will also play an instrumental role in propelling India towards self-reliance, environmental stewardship, and its envisioned status as a hub for E

Top headlines: Boeing starts production of Apache choppers for Indian Army

Business Standard brings you the latest headlines at this hour

Cabinet approves 'PM-eBus Sewa', to deploy 10,000 e-buses in 169 cities

Out of the ₹57,613 crores outlined for the scheme, support of Rs.20,000 crore will be provided by the Central government, the Cabinet statement reads

Incentives for private bus operators to take EV route in the works

China continues to lead the e-bus market, accounting for over 80 percent of global e-bus sales in 2022

Centre to scrap tender for 4,675 e-buses amidst lacklustre OEM response

The tender, issued on January 4, 2023, failed to attract bids from automakers such as Tata Motors, Ashok Leyland, and PMI Electro Mobility, leading to speculation about its cancellation