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Tata Motors leads bidders for record electric bus tender

after close1 source ↓written by the desknot a recommendation

has attracted
10,900 electric buses
has attracted
16 bidders

The Union government’s tender for 10,900 electric buses has attracted 16 bidders, including Tata Motors, PMI Electro, and Volvo Eicher. This initiative under the PM E-Drive scheme aims to boost electric mobility and cut emissions in five major cities. 📈

The competitive bidding highlights the growing interest in the electric vehicle sector, potentially impacting market dynamics and investor sentiment.

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 15 Nov 2025, 16:05 IST.

Sourcesnews.google.com

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