JBM Auto forms JV with Poland's Solaris for electric buses

Image
ANI India
Last Updated : Jul 17 2016 | 2:57 PM IST

Auto component manufacturer JBM Auto announced a joint venture with Poland's Solaris Bus and Coach SA for manufacturing electric and hybrid buses in a BSE filing on Saturday.

The company entered into a joint venture agreement on July 14, 2016, with Solaris Bus and Coach SA, Poland, JBM Auto.

Earlier this year in February at the Auto Expo, JBM Auto had unveiled a fully electric bus 'Ecolife' which was developed in partnership Solaris Bus and Coach.

The Eco-life will be manufactured in India using Solaris's technology. The vehicle will be powered by lithium batteries and run 150-200 km in 10-15 hrs of city bus operation.

Once it gets into commercial production, Ecolife will be the second indigenous mass public transport product from JBM Group, the company had said.

Solaris Bus and Coach is one of the major producers of city, intercity and special-purpose buses as well as low-floor trams in Europe.

It started production in 1996 and has sold over 14,000 vehicles across 30 countries. It has a factory at Bolechowo near Poznan.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 17 2016 | 2:57 PM IST

Next Story