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India electric bus market reaches 4,441 units (+19%), with Switch up six-fold while Tata declines 84%
India registered 4,441 electric buses in 2025, up from 3,730 units in 2024, according to Vahan Dashboard data. The Indian electric bus market expanded by 711 units year-on-year, with volumes increasing by approximately 19%. PMI Electro Mobility, Olectra Greentech and Switch Mobility led the market, while Tata registered a dramatic decrease. The same three players […] The post India electric bus market reaches 4,441 units (+19%), with Switch up six-fold while Tata declines 84% appeared first on Sustainable Bus .
cityfalcon.com·18d ago
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Olectra Greentech receives LOI for 1,085 e-buses from TGSRTC
Hyderabad: Olectra Greentech, which is part of the Megha Engineering & Infrastructures group, on Monday said it received a Letter of Intent (LOI) .
cityfalcon.com·1mo ago
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Telangana: 1,085 Olectra e-buses to power Hyderabad's green transit
Hyderabad (Telangana) [India], February 23 (ANI): India's largest electric commercial vehicle manufacturer and a pioneer in advanced urban mobility solutions - Olectra Greentech Ltd - has secured a Letter of Intent (LOI) issued by the Telangana State Road Transport Corporation (TGSRTC) through Evey Trans Pvt. Ltd. for 1,085 electric buses under the PM E-DRIVE initiative. The initiative is led by Convergence Energ
cityfalcon.com·1mo ago
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Olectra Greentech Commences Phase-I Operations at Hyderabad EV Manufacturing Facility
… of its greenfield electric vehicle manufacturing facility located at Seetharampur, Hyderabad … been established as a dedicated manufacturing unit for electric buses, reflecting … as the lender for the manufacturing project. This notification forms part …
cityfalcon.com·3mo ago
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Olectra Greentech shares jump over 5% after Hyderabad EV plant begins operations
Olectra Greentech shares jumped after the company began Phase-I commercial operations at its new greenfield EV plant in Hyderabad, marking December 31, 2025, as the facility’s official commercial operation date and notifying lender SBI.
cityfalcon.com·3mo ago
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