Bus and coach domestic sales (>7.5t gvw) in FY2023 (ending March 31, 2024) increased by 38.4% to 53,136 units.

With the standard tank option storing LNG, the Touring can cover more than 1,000 km before needing to refuel.

Sales of light-duty passenger vehicles (7.5 tons and below) increased by 16.8% to 51,750 units in FY 2023 (ending March 31, 2024).

The MoU outlines an investment over a span of five years, with the potential to generate up to 5,000 jobs, both directly and indirectly.

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

The plant is to have the capacity to produce 2,500 buses annually, but has been designed with the opportunity to double this, when required.

Proven replaces Brian Dewsnup, who became Chief Financial Officer in March.

The facility is fully digitally controlled and is equipped with advanced storage systems, including gravity spiral and vertical reciprocating conveyors.

Griffith takes over from Executive Chairman Matt O’Leary, who held the CEO role on an interim basis.

The Mellor and Treka sales teams, which were previously separate from one another, will be combined under the joint leadership of three newly elected sales personnel.

Registrations increased by 118.8% to 851, reflecting the continued recovery of the sector since the lifting of pandemic restrictions, according to statistics published by the Society of Motor Manufacturers and Traders.

The company says it is introducing “a suite of comprehensive ownership solutions” for its entire line of battery electric vehicles.