JBM Auto Limited's subsidiary, JBM Ecolife Mobility Pvt ltd., has secured a substantial order for 1021 electric buses under the Indian government's PM e-Bus Sewa Scheme-2. This approximately INR 5,500 crore deal will see the deployment of these buses across Gujarat, Maharashtra, and Haryana, furthering India's sustainable transport goals. The project includes a Payment Security Mechanism (PSM) to ensure timely payments to operators.

This order reinforces JBM's growing presence in the electric vehicle market and its commitment to eco-friendly public transport. The company will manage the entire project, from manufacturing to deployment. The PSM adds financial stability for all stakeholders involved. The environmental impact is significant, with substantial reductions in carbon emissions anticipated.

“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.”

Marking a decade in the public mobility sector

This order comes as JBM Auto celebrates a decade in the public mobility sector. The company's leadership sees this as a key step in transforming public transport within India. They emphasize their dedication to providing high-quality, sustainable, and technologically advanced solutions. JBM’s focus on innovation and infrastructure development underscores their commitment to accessible and environmentally friendly electric mobility.

They have already deployed approximately 2,000 electric buses in various regions, including Europe, the Middle East, and Africa.

They have established a large integrated electric bus manufacturing facility in the Delhi-NCR region. This facility boasts an annual production capacity of 20,000 electric buses, showcasing JBM’s investment in large-scale production. This facility is recognized as the world’s largest dedicated integrated electric bus manufacturing facility outside of China.

The order secured under the PM e-Bus Sewa Scheme-2 underscores JBM's commitment to the advancement of electric mobility.