AUTO
Electrifying Public Transport: E-Bus Market Enters Scale-Up Phase
India’s electric bus transition is gathering pace, but the road to scale is proving more gradual than initially anticipated. According to a recent assessment by CareEdge Ratings, electric buses (e-buses) are now expected to account for 13% of annual bus sales by FY28, a realignment from earlier projections of 15% by FY27 due to execution […]
Sajan C Kumar
·
Feb 23, 2026
AUTO
Olectra Greentech Plans Upto ₹350 Cr Capex For Product Development
Leading electric bus manufacturer Olectra Greentech is stepping up investments to capitalise on the rapidly expanding electric mobility market. The company plans to invest ₹300–350 crore in capital expenditure over the next two years, primarily to develop new products. The company has put in place plans to develop new vehicle platforms and enter adjacent segments, […]
CW Bureau
·
Feb 10, 2026
AUTO
Ashok Leyland, PT Pindad To Make E-Buses, Defence Vehicles For Indonesia
Hinduja flagship Ashok Leyland, on February 4, signed a memorandum of understanding (MoU) with PT Pindad, Indonesia’s premier state-owned defence and industrial equipment manufacturer for a strategic collaboration for the joint development and manufacturing of electric buses (EVs) and defence vehicles for Indonesia’s mobility and national security requirements. The agreement, signed at Pindad’s headquarters in […]
CW Bureau
·
Feb 4, 2026
STARTUP/TECHNOLOGY
LeafyBus To Expand Its Fleet From 10 To More Than 100 Buses In 2 Years
Intercity electric bus operator LeafyBus plans to expand its fleet from 10 to more than 100 buses over the next two years. As part of its roadmap, the company is exploring high-demand routes such as Agra, Lucknow, Chandigarh, Amritsar, and Patna to strengthen intercity EV travel. LeafyBus recently secured $ 4.1 million funding from Enetra […]
CW Bureau
·
Feb 4, 2026
INFRASTRUCTURE
EKA Mobility, Chartered Speed To Deploy 1,750 E-Buses In Bengaluru
EKA Mobility, an automotive and technology company creating a new global CV electric mobility ecosystem, and Chartered Speed, a leading player in passenger bus mobility services, have secured the Letter of Confirmation of Quantity (LOCQ) for the deployment for 1,750 electric buses under the Government of India’s PM E-Drive Scheme in Bengaluru. This development marks […]
CW Bureau
·
Jan 29, 2026
AUTO
ALL Accelerates EV Ambitions With UP Plant, Eyes Bigger Role in CV
CORPWHIZZ NETWORK Ashok Leyland is repositioning itself to challenge Tata Motors in the evolving commercial vehicle landscape.The Chennai-based company’s newly inaugurated greenfield electric vehicle (EV) manufacturing plant in Uttar Pradesh is just more than a routine capacity expansion. The facility underlines the company’s ambition to emerge as a dominant force in electric buses and clean […]
Sajan C Kumar
·
Jan 15, 2026
