JBM Ecolife Mobility, India secures USD 100 million funding from ADB and AIIB

On September 17, JBM Ecolife Mobility Limited, a subsidiary (JV) of JBM Auto Limited secured USD 100 million in strategic funding from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB). The funds will be infused in a phased manner to supply and operate electric buses under the gross....

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