JBM Group plan to invest Rs. 500 crores in order to expand production capacity: said Vice chairman, Arya also discuss with Deccan herald, explain the upcoming plan that JBM expects, and also told about the EV market growth and how electric buses can bring revolution in India. As the EV market has sharply grown so there should be a need to launch electric buses in India give some contribute to Green energy.
JBM Vice chariman , MR. Nishant Ariya announced invest of Rs.500 crore in order to expand its production capacity, product, and technological innovation, JBM group has a plan to achieve the target of manufacturing 3,000 buses annually.
What Arya said in an interview about its investment?
Ariya said in an interview with Deccan Herald, the JBM group plan to expand its manufacturing capacity for luxury coaches.
On Friday, in a discussion with Deccan herald, “JBM plan to manufacture 3,000 buses annually to achieve its target ” when asked about the investment he commented that JBM invest 500crore rupees, we are investing to increase the production capacity, the exact number is not defined yet.
What does JBM Group expect about the EV market?
As Arya expects for the EV market, electric vehicle demand sharply increases day by day to keep in mind JBM decide to invest in the EV market in order to meet the growing demand.
When talking about JBM EXPECTATION, JBM Group, VC also expects that in the finical year, 2027 100,000 electric vehicles will be sold in India out of that 50% is for electric buses, meaning 50,000 buses will hit India raad, in terms of growth rate it will be up from 5 to 10%.
JBM has decided to expand its production capacity to 20,000 annually by the finical year 2027.
Also read: Deep discussion with Deccan herald
JBM Introduce 4 new electric buses
JBM auto India AUTO parts maker introduces its staff bus which is name ECO-life that delivers 300km of range on a single charge, has only a single model, 12m in length, uses a PMSM Motor
Also read: JBM Introduces 4 new electric buses
JBM Introduce 4 new electric buses
JBM Group plan to invest Rs. 500 crores in order to expand production capacity: said Vice chairman, Arya also discuss with Deccan herald, explain the upcoming plan that JBM expects, and also told about the EV market growth and how electric buses can bring revolution in India. As the EV market has sharply grown so there should be a need to launch electric buses in India give some contribute to Green energy.
URL: jbmgroup.com
Author: DYNABEAST
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Is JBM Group investing in EV?
JBM Group plan to invest Rs. 500 crores in order to expand production capacity: said Vice chairman, Arya also discuss with Deccan herald, explain the upcoming plan that JBM expects, and also told about the EV market growth and how electric buses can bring revolution in India. As the EV market has sharply grown so there should be a need to launch electric buses in India give some contribute to Green energy.
What does JBM expect about the EV market?
When talking about JBM EXPECTATION, JBM Group, VC also expects that in the finical year, 2027 100,000 electric vehicles will be sold in India out of that 50% is for electric buses, meaning 50,000 buses will hit India raad, in terms of growth rate it will be up from 5 to 10%.
What are the names of the JBM electric buses?
JBM Group introduced 4 Electric Buses at Auto EXPo 2023 :
1. JBM AUTO – SCHOOL BUS, E-skoolife
2. JBM AUTO – STAFF BUS, E-Bizlife
3. JBM AUTO – Intercity BUS, ECO-life
4. JBM AUTO – Galaxy Luxury Coach
Which company manufactures electric buses in India?
JBM group, tata motor companies manufacture electric buses in India
How many electric buses will launch by the JBM group in India?
JBM Group introduced 4 Electric Buses at Auto EXPo 2023, one for the school bus, an intercity bus, a staff bus, and a luxury coach for commercial use. all come with fast charging support and a minimum of 300km of range with PMSM motor that delivers 250kw(335.256 hp of horsepower) to either 200 kW(268.204Hp of horsepower) power.