 "JBM Auto ties up with Polish firm Solaris for making electric buses")
Pandemic-battered bus makers are hoping to get a booster dose from the EV policy announced by various state governments. The incentives and tax exemptions will prompt the state transport undertakings (STUs) and municipal corporations to float new tenders to procure e-buses, driving the demand for electric buses. This in turn will encourage bus manufacturers to scale up their plans.
Prima-facie, all seems hunky-dory, but a high acquisition cost may still be a dampener for the financially beleaguered STUs. Therefore, unless a viable business based on a public private partnership model emerges, the adoption to e-buses, despite all the sweeteners, may not
