Tata Motors and others bid for record electric bus tender
pre-market1 source ↓written by the desknot a recommendation
- under the PM
- 10,900 electric buses
Sixteen bidders, including Tata Motors, PMI Electro, and Volvo Eicher, have entered the government’s tender for 10,900 electric buses under the PM E-Drive scheme. This initiative aims to boost electric mobility and reduce emissions in five major cities.
The high level of participation indicates strong market interest in electric vehicles, potentially enhancing the competitive landscape for manufacturers in this sector.
Not investment advice. For informational purposes only.