The project - valued at approximately USD660mn (INR 5,500 crore) - includes full-scale electric and civil infrastructure development under a Gross Cost Contracting (GCC) model.

The order includes 150 high-end electric luxury intercity coaches and 50 e-buses.

These funds are to be used for supplying and operating electric buses under the Gross Cost Contract (GCC) model in multiple states across India in a phased manner.

Prawaas 4.0 is an event organized by the Bus and Car Operators Confederation of India (BOCI), held on August 29-31, 2024 at the Bangalore International Exhibition Centre (BIEC). Below we report on the new vehicles launched at the show with a mix of drivelines including clean diesel, natural gas and battery electric.

JBM is becoming a major suppliers of city buses in India. It also has plans to export to Europe.

JBM makes fully integral vehicles at its 20,000 capacity plant in Haryana.

JBM Auto has announced the acquisition of a 51% stake in battery maker JBM Green Energy and electric vehicle maker JBM EV Industries through its subsidiary, JBM Electric Vehicles.