Tata Motors and others miss India's largest e-bus tender
after close1 source ↓written by the desknot a recommendation
- new-age manufacturers secure
- 80%
- offered
- 10,900 e-buses
- PM E-Drive scheme
- ₹10,900-crore
India's largest e-bus tender saw new-age manufacturers secure 80% of the 10,900 e-buses offered under the ₹10,900-crore PM E-Drive scheme. Legacy players like Tata Motors, VE Commercial, and Ashok Leyland were left with minimal participation. This shift indicates a growing competitive landscape in the electric vehicle sector, potentially impacting market dynamics for traditional manufacturers.
Not investment advice. For informational purposes only.