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Tata Motors, VECV priced out of electric bus tender
Hindustan Times
|December 26, 2025
New-age companies accounted for nearly 80% of the 10,900 e-buses on offer
NEW DELHI: New-age electric bus manufacturers have stormed India's biggest tender, picking up nearly 80% of the 10,900 e-buses on offer as part of the ₹10,900crore PM E-Drive scheme, leaving legacy players with little to show for their efforts.
Flush with recent investments, companies like PMI Electro Mobility and Eka Mobility offered aggressive, lucrative pricing, securing contracts for 5,210 and 3,485 e-buses, respectively.
Among other manufacturers, only Olectra Greentech-an established electric bus manufacturer and a subsidiary of Hyderabad-based EPC company Megha Engineering-managed a partial win, bagging 1,785 e-buses.
Cette histoire est tirée de l'édition December 26, 2025 de Hindustan Times.
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