E-bus tender delayed due to Ashok Leyland court case
after close1 source ↓written by the desknot a recommendation
- under the PM
- 10,900 electric bus tender
- deadline for announcing
- 19 December
The 10,900 electric bus tender under the PM E-DRIVE scheme faces delays as Convergence Energy Services missed the 19 December deadline for announcing successful bidders. This follows a request from Ashok Leyland to defer the finalization due to a pending court case, leaving the tender's outcome uncertain. 🚍
Manufacturers are concerned about the implications of this hold on the electric bus market, which could affect future procurement and production plans.
Not investment advice. For informational purposes only.