Olectra Greentech has a strategic tie-up with BYD Auto Industry of Shenzhen, China.

Shuel Bhamla says: ".... And by 2024, we aim to deploy 10,000 charging stations across India."

The new facility is part of the company's plans to produce driveline components for both conventional ICE vehicles and electric vehicles.

The two five-year contracts stipulate firm orders for six ‘Xcelsior Charge FC’ fuel cell electric buses and twenty ‘Xcelsior Hybrid’ buses, and provide further options for up to 320 buses, half of which would be fuel cell electric and half of them hybrid electric.

Bluebus has signed a distribution agreement with Indcar, to sell its 6-metre electric buses in Spain and Italy, marking entry into these two markets.

Tata Motors previously had assembly operations in Thailand until 2018.

The Covid-19 pandemic decimated bus and coach travel demand in India starting two to three years' ago - the market now for public transport is in recovery.

Karsan is entering the Japanese market for the first time after signing a distribution agreement with ALTECH Co Ltd, to deliver its electric minibus (the 6-metre e-Jest) to Japanese consumers by the end of 2023.

Sales of light-duty passenger vehicles (7.5 tons and below) enjoyed a resurgence in the FY2022-23 ending March 31, 2023, increasing by 122.1%.

The European programme has partly been funded by the Clean Hydrogen Partnership (EUR 30 million for 150 hydrogen fuel cell trucks) and the Connecting Europe Facility (CEF) for the 8 hydrogen refuelling stations across France and the Netherlands.

He replaces Martin Weissburg, who steps down from the group board to join the board of another Volvo subsidiary, Nova Bus.

EKA Mobility is the brand name of electric vehicle builder, Pinnacle Mobility Solutions Pvt Ltd, which has a technology collaboration with VDL.