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JBM Ecolife to deploy 2,000 more electric buses following €70 million funding round

Summary by Sustainable Bus
JBM Ecolife Mobility has secured a ₹750 crore investment (approximately €70 million / US$80 million) from Motilal Oswal Alternates to support the deployment of around 2,000 electric buses across India. JBM Auto announced that its electric mobility subsidiary JBM Ecolife Mobility Pvt Ltd has received ₹750 crore in funding from Motilal Oswal Alternates. According to ET Auto, the investment will be used to expand the company’s fleet and support the…
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Sustainable Bus broke the news on Friday, June 19, 2026.
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