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JBM ECOLIFE Mobility Secures ₹7.5 Billion Investment for Electric Bus Expansion

Funding will support the deployment of about 2,000 electric buses

June 18, 2026

/ Meghana Prasad
/ Electric Vehicles, Market & Policy
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JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a ₹7.5 billion (~$79.4 million) investment from Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group, to expand its electric bus operations across India.

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Meghana Prasad

More articles from Meghana Prasad.
E busesElectric VehiclesFundingJBM AutoMotilal Oswal Group
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