JBM Auto’s subsidiary -- JBM Electric Vehicles (JBM EV) has signed an MoU with Drivn, an electric commercial vehicle leasing platform for supplying 500 ultra-modern electric luxury buses. Under the terms of the agreement, JBM EV will deliver 500 electric buses equipped with advanced technology and features designed to provide a comfortable, safe and eco-friendly travel experience for passengers. The deployment of these e-buses has been planned in phases over the next one year.
The initial rollout will focus on luxury intercity coaches with fleet operators across India, supported through an integrated offering that includes long-term vehicle financing, maintenance and charging infrastructure solutions. The model enables fleet operators to transition to electric buses without significant upfront capital investment, while simplifying vehicle ownership and lifecycle management. Both companies will also explore opportunities in other segments such as school transportation, employee mobility and airport transit services.
This collaboration between JBM Electric Vehicles and Drivn is a testament to the growing momentum in the adoption of electric vehicles in India. Both companies are dedicated to driving the future of sustainable transportation and are committed to bring cleaner and more efficient travel options to the public.
JBM Auto is the flagship company of JBM Group. It is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of Buses.