India finalizes electric bus tender for 10,900 units
after close1 source ↓written by the desknot a recommendation
- under the PM
- 10,900 electric buses
- largest share
- 5,210 buses
- is scheduled
- 2026-27
The Union government has finalized a tender for 10,900 electric buses under the PM E-DRIVE initiative, aiming to enhance urban transport and reduce emissions. PMI Electro won the largest share with 5,210 buses, marking a significant boost for green mobility in India. Deployment is scheduled from 2026-27.
This initiative is expected to drive investments in the electric vehicle sector and improve public transport infrastructure, potentially impacting related industries.
Not investment advice. For informational purposes only.