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India finalizes electric bus tender for 10,900 vehicles

pre-market1 source ↓written by the desknot a recommendation

under the PM
10,900 electric buses
winning orders
5,210 buses
is set
2026-27

The Union government has finalized a tender for 10,900 electric buses under the PM E-DRIVE initiative, marking a significant move towards greener urban transport. PMI Electro secured the largest share, winning orders for 5,210 buses. Deployment is set for 2026-27, aiming to reduce emissions and enhance city mobility. ⚡

This initiative is expected to boost the electric vehicle sector and improve public transport infrastructure across major cities.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 26 Dec 2025, 07:09 IST.

Sourcesnews.google.com

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