Centre concludes major e-bus tender; PMI secures 5,210 buses
pre-market1 source ↓written by the desknot a recommendation
- 10,900
- of the market
- 25%
- order book
- 3,000 buses
- Olectra followed
- 3,485
- 1,785 buses
The Centre has finalized the largest electric bus tender under the PM E-DRIVE scheme, with PMI Electro winning 5,210 buses out of 10,900. This positions PMI as the largest electric bus manufacturer in India, holding 25% of the market with an order book of 3,000 buses. EKA Mobility and Olectra followed with 3,485 and 1,785 buses, respectively. 🚍
Not investment advice. For informational purposes only.