JBM Group

JBM Ecolife Mobility secured $100 million from IFC to deploy 1,455 electric buses in Maharashtra, Assam, and Gujarat, marking IFC's first capital investment in Asia's e-bus sector

The product has been developed based on extensive research that included feedback from potential customers in the European market

Macquarie Group has rolled out 'Vertelo,' an EV financing platform in India, offering financing, fleet management, and charging infrastructure solutions

Ashok Leyland's Switch Mobility, global giant JBM Group among winners; Delhi to get highest share of 3980 buses

18 bids received for electric buses in eight slots based on bus size, specifications and state transport undertakings

The financing of the entire transaction has been done by ICICI Bank