𝗝𝗕𝗠 𝗘𝗰𝗼𝗹𝗶𝗳𝗲 𝗠𝗼𝗯𝗶𝗹𝗶𝘁𝘆 𝗿𝗮𝗶𝘀𝗲𝘀 ₹𝟳𝟱𝟬 𝗰𝗿𝗼𝗿𝗲 𝗳𝗿𝗼𝗺 𝗠𝗼𝘁𝗶𝗹𝗮𝗹 𝗢𝘀𝘄𝗮𝗹 𝗔𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗲𝘀 𝘁𝗼 𝗲𝘅𝗽𝗮𝗻𝗱 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗯𝘂𝘀 𝗳𝗹𝗲𝗲𝘁 𝗳𝗿𝗼𝗺 𝟯,𝟰𝟬𝟬 𝘁𝗼 𝟱,𝟬𝟬𝟬 𝘂𝗻𝗶𝘁𝘀 𝗶𝗻 𝟭𝟮 𝗺𝗼𝗻𝘁𝗵𝘀
JBM Ecolife Mobility, the electric mobility arm of JBM Auto, has received a ₹𝟳𝟱𝟬 crore strategic investment from 𝗠𝗼𝘁𝗶𝗹𝗮𝗹 𝗢𝘀𝘄𝗮𝗹 𝗔𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗲𝘀 — the largest investment by an Indian investor in the electric mobility sector to date. The fresh capital will be used to deploy around 𝟮,𝟬𝟬𝟬 additional electric buses, taking the company's total operational fleet from ~3,400 buses to nearly 𝟱,𝟬𝟬𝟬 over the next 12 months.
𝗢𝗿𝗱𝗲𝗿 𝗯𝗼𝗼𝗸 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝘀 𝘀𝘁𝗿𝗼𝗻𝗴 𝘃𝗶𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆
JBM Ecolife and its mobility arm currently have a combined order book of over 𝟭𝟬,𝟬𝟬𝟬 electric buses — including vehicles already deployed and those under execution — providing strong long-term revenue visibility.
𝗣𝗮𝗻-𝗜𝗻𝗱𝗶𝗮 𝗽𝗿𝗲𝘀𝗲𝗻𝗰𝗲 𝗮𝗰𝗿𝗼𝘀𝘀 𝘀𝘁𝗮𝘁𝗲 𝘁𝗿𝗮𝗻𝘀𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀
JBM operates electric buses across 𝗗𝗲𝗹𝗵𝗶, 𝗚𝘂𝗷𝗮𝗿𝗮𝘁, 𝗠𝗮𝗵𝗮𝗿𝗮𝘀𝗵𝘁𝗿𝗮, 𝗛𝗮𝗿𝘆𝗮𝗻𝗮, 𝗢𝗱𝗶𝘀𝗵𝗮, 𝗧𝗲𝗹𝗮𝗻𝗴𝗮𝗻𝗮, 𝗮𝗻𝗱 𝗞𝗮𝗿𝗻𝗮𝘁𝗮𝗸𝗮 under various state transport contracts as well as central government schemes such as 𝗙𝗔𝗠𝗘, 𝗣𝗠 𝗘-𝗗𝗿𝗶𝘃𝗲, 𝗮𝗻𝗱 𝗣𝗠 𝗲-𝗕𝘂𝘀 𝗦𝗲𝘄𝗮.
𝗠𝗮𝗿𝗸𝗲𝘁 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻
In 𝗙𝗬𝟮𝟲, including supplies to 𝗧𝗲𝗹𝗮𝗻𝗴𝗮𝗻𝗮, JBM emerged as India's largest electric bus player with a market share of over 𝟮𝟱%. The investment will support long-term deployments under with state transport undertakings and public transport authorities.
𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝗮𝗿𝘆
𝗡𝗶𝘀𝗵𝗮𝗻𝘁 𝗔𝗿𝘆𝗮, Vice Chairman & MD, JBM Auto said: "𝗪𝗶𝘁𝗵 𝗼𝘂𝗿 𝗺𝗮𝗿𝗸𝗲𝘁 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝗶𝗻 𝘁𝗵𝗲 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰 𝗯𝘂𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝗶𝗻 𝗙𝗬𝟮𝟲, 𝘁𝗵𝗶𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝗹𝗹 𝗮𝗰𝘁 𝗮𝘀 𝗮 𝗺𝗮𝗷𝗼𝗿 𝗰𝗮𝘁𝗮𝗹𝘆𝘀𝘁 𝘁𝗼𝘄𝗮𝗿𝗱𝘀 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 𝘀𝗰𝗮𝗹𝗶𝗻𝗴 𝗼𝘂𝗿 𝗲-𝗯𝘂𝘀 𝗱𝗲𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁 𝘁𝗼 𝘃𝗮𝗿𝗶𝗼𝘂𝘀 𝘀𝘁𝗮𝘁𝗲𝘀."
𝗡𝗶𝗳𝘁𝘆 𝗔𝘂𝘁𝗼: 𝟮𝟲,𝟳𝟰𝟲.𝟰𝟬
𝗝𝗕𝗠 𝗔𝘂𝘁𝗼 (𝗝𝗕𝗠𝗔):
𝗖𝗠𝗣: ₹ 𝟳𝟬𝟲
𝗠𝗸𝘁 𝗖𝗮𝗽: ₹ 𝟭𝟲,𝟳𝟬𝟴 𝗖𝗿.
Rishabh Kale
#JBMAuto #JBMEcolife #ElectricBus #EVIndia #PublicTransport #ElectricMobility #MotilalOswal #FAME #PMEDrive #IndianEquities #StockMarket #EquityResearch #FinancialNewsletter #NSE #BSE #GreenMobility #AtmanirbharBharat #FY27 iFEEL - Institute for Future Education Entrepreneurship and Leadership
Looking forward to this partnership