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PM E-DRIVE Phase I Electric Bus Tender

Sector: Automotive • Location: Noida, India

Source: Financial Express

Project
Planned

PMI Electro Mobility aims to win orders for about 30% of the 10,900 electric buses to be tendered in Phase I of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, which has an outlay of Rs 10,900 crore. The company leverages localisation and vertical integration to price buses competitively and has a robust order book and market share.

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The project “PM E-DRIVE Phase I Electric Bus Tender” is an infrastructure initiative in the Automotive sector, located in Noida, India. Taiyo aggregates data on it from Financial Express.

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planned

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Description

Description

PMI Electro Mobility aims to win orders for about 30% of the 10,900 electric buses to be tendered in Phase I of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, which has an outlay of Rs 10,900 crore. The company leverages localisation and vertical integration to price buses competitively and has a robust order book and market share.

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