JBM Auto, one of the world's leading e-mobility conglomerates, has stated that its electric bus (e-bus) business is expected to generate 50% of its India business by FY27. Having an order book of over 10,000 e-buses, the firm is all set to transform the public transport and green mobility ecosystem in the country.
Key Points
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Order Growth: JBM Auto has won more than 10,000 e-bus orders with an intention to deliver them by FY27. In FY24 alone, the company received 6,300 orders.
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Revenue Contribution: As of now, e-buses contribute 35% of JBM Auto's revenue. This will grow to 50% by FY27.
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Market Leadership: JBM has a strong market position in India's e-bus market and runs the largest integrated EV manufacturing unit in the world outside China, in Delhi-NCR.
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Environmental Impact: The deployment of these buses will conserve more than 75,000 liters of diesel per day and lower CO2 emissions by about 70,000 metric tons each year.
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Future Vision: JBM will transport more than 20 billion passengers and travel 3 billion e-kilometers in the next 3–4 years while helping India achieve Net Zero targets.
Sources: Business Standard, JBM Group Annual Report, Sustainable Bus, Hindi Business Standard