Investment18 Jun 2026, 11:17 am
JBM Ecolife Mobility Secures ₹750 Cr Investment from Motilal Oswal
AI Summary
JBM Ecolife Mobility, a subsidiary of JBM Auto Ltd., has secured a INR 750 Crore strategic investment from Motilal Oswal Alternates (MO Alternates). This funding will be used to scale the deployment of approximately 2,000 energy-efficient e-buses across India, aiming to reduce CO2 emissions significantly and save diesel. The investment is the largest by an Indian investor in electric mobility to date. JBM Auto's consolidated order book stands at over 10,000 electric buses, and the company operates one of the world's largest integrated electric bus manufacturing facilities.
Key Highlights
- JBM Ecolife Mobility secures INR 750 Cr strategic investment from Motilal Oswal.
- Investment to deploy ~2,000 e-buses, reducing CO2 emissions and diesel consumption.
- Largest investment by an Indian investor in the electric mobility sector.
- JBM Auto's order book exceeds 10,000 electric buses.
- Funding aims to advance sustainable public transit infrastructure in India.
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