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JBM Ecolife Mobility, India raises INR 7.5 billion to deploy 2,000 more electric buses

On June 18, JBM Ecolife Mobility, the electric bus mobility subsidiary of JBM Auto, secured INR 7.5 billion in long-term strategic investment from Motilal Oswal Alternates. The capital will be deployed to roll out approximately 2,000 additional energy-efficient electric buses under long-term agreements with state tra....

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