JBM Auto to launch more electric buses in Western Ghats

The company commanded a 100 percent market share in the tarmac electric buses segment FY 2022-23.

Autocar Professional BureauBy Autocar Professional Bureau calendar 19 Jul 2023 Views icon11583 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Representative image

Representative image

With an order book of more than 5,000 electric buses countrywide Gurgaon-based JBM Auto has plans to expand its commercial e-mobility fleet adding to Goa its Electric footprint for  intra- and inter-city and tarmac buses, which the bus maker showcased at the ongoing three-day transport fair in Panaji.

JBM Group Vice Chairman and Managing Director Nishant Arya said, “Our plans to launch electric buses in the region, including Goa, is a reflection of our commitment to green and clean mobility. This also shows that the states are equally keen to adopt electric buses. While JBM Auto, as has been the practice so far, will fulfil the orders in time, we are extremely happy that the company commanded 100 percent market share in the tarmac electric buses segment FY 2022-23”.

As many as 70 JBM Auto-built electric tarmac buses operate across several airports in India. The total orders include the same variant besides the inter-state coaches, city, staff, and school buses.

The company which has a market capitalisation of Rs 16,635 crore, seeks to address the issue of payment securitisation for STU orders by incorporating various measures such as the inclusion of escrow clauses, Nishant Arya further stated while speaking at the three-day transport fair in Goa.

RELATED ARTICLES
Weekly News Wrap: Record FY26 Sales Set Tone, JLR Price Cut, Toyota, VinFast Product Plans, TVS Production

auther Kiran Murali calendar05 Apr 2026

Passenger vehicle dispatches grew an estimated 8% to 4.65 million units, while electric two-wheeler and car sales posted...

Exclusive: Toyota readies India product blitz as growth shifts from alliances to own platforms

auther Ketan Thakkar calendar04 Apr 2026

The automaker plans multiple new models, including the next-generation Innova HyCross, a C-segment SUV, updated Fortuner...

India’s CV Growth to Cool to Mid-Single Digits After 10-11% Surge in FY26: Crisil

auther Shahkar Abidi calendar04 Apr 2026

After a GST-driven 10–11% surge in FY26, India's commercial vehicle industry braces for moderate mid-single-digit growth...