On September 11, 2025, the International Finance Corporation (IFC) announced it will provide USD 37 million in mezzanine capital to GreenCell Mobility, and USD 100 million to JBM ECOLIFE (part of JBM Auto Limited), as part of a total USD 137 million financing package. These funds will be used to deploy approximately

In its annual report, JBM Auto mentioned that during FY 2024–25, it fast-tracked next‑gen EV development by partnering with tech firms and startups to shorten cycle times. On the shop floor, it shifted manual welding to robotic welding and rolled out OBEYA/VAVE, while plant-wide automation optimizes material flow and

On June 16, JBM Electric Vehicles (JBM EV) launched its all-electric city bus, ECOLIFE, at the UITP Summit 2025 in Hamburg, Germany, marking its entry into the European Union market.
As part of its European expansion, JBM EV has partnered with KazenMaier as its preferred German leasing partner. JBM also established i

On May 2, the Chief Minister of Delhi flagged off 400 new Delhi Electric Vehicle Interconnector (DEVi) electric buses from the Kushak Nallah Depot. Of these, 120 buses have been manufactured by JBM Group and will operate from the Ghazipur Depot. The buses are equipped with an intelligent transport management system (

On April 30, JBM Electric Vehicles, a subsidiary of JBM Auto Ltd., partnered with Hitachi Zero Carbon to integrate its Zero Carbon Battery Manager into JBM’s electric bus operations. The system will track real-time data on charging, routes, and asset usage, offering insights to improve efficiency.
The pilot will be c

On March 6, Jay Bharat Maruti Limited (JBML) increased its stake in JBM Ogihara Die-Tech Private Limited (JODT) from 39% to 49% for a total of approx. INR 31.38 million. The additional equity stake was acquired from its joint venture partner, OGIHARA Thailand Co. Ltd. (OTC). The technology agreement with OTC and the

On February 26, JBM Auto Limited announced the incorporation of its wholly owned subsidiary, JBM EV Ventures Private Limited with a total paid-up capital of INR 500 thousand.  The primary objective of JBM EV Ventures Private Limited is to provide electric vehicle (EV) battery services on a subscription, leasing, and

On February 19, JBM Auto Limited announced that its subsidiary JBM Ecolife Mobility has won a tender for the end-to-end execution of 1,021 electric buses and the development of allied electric and civil infrastructure on gross cost contracting under the PM-eBus Sewa Scheme.
The approximate order value of the tender s

On January 18, 2025, JBM Electric Vehicles showcased four new electric buses at the Bharat Mobility Global Expo 2025. The new models include the luxury coach ‘Galaxy’, the intercity bus ‘Xpress’, the low-floor electric Medical Mobile Unit ‘e-MediLife’, and India’s first-ever 9-meter electric tarmac coach ‘e-SkyLife’.

On December 22, JBM Auto Limited announced that its subsidiary JBM Ecolife Mobility Private Limited has received the contracts as a bus operator for procurement, operation, and maintenance of 343 electric buses for Ahmedabad BRTS, Ahmedabad Municipal Transport Service under gross cost contracting (GCC) and some leadi

On December 3, Keppel Ltd., through its infrastructure division, signed memoranda of understanding (MOU) with JBM Group, a manufacturer of electric vehicles (EVs) and key auto systems, at the 29th Confederation of Indian Industry (CII) Partnership Summit 2024 in New Delhi, India.
The companies will jointly develop p

On September 25, JBM Auto Limited announced that JBM Electric Vehicles Private Limited, a subsidiary of the company, has incorporated a wholly owned subsidiary i.e. JBM Electric Vehicles International PTE in Singapore. It has been incorporated to carry on the business in the automotive sector for electric vehicles In

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

On August 28, JBM Electric Vehicles (P) Ltd signed an agreement with LeafyBus to supply 200 ultra-modern electric luxury buses. The 200 electric buses will comprise of 150 high-end electric luxury intercity coaches and 50 e-buses tailored for staff and tourist applications. The deliveries of the buses will be complet

On June 10, JBM Electric Vehicles Private Limited, a subsidiary of JBM Auto Limited (JBM) signed an agreement with MUON India Private Limited, a Macquarie Group company.
Under this agreement, JBM intends to deploy over 2,000 electric buses (9-meter, 12-meter, and other variants) with MUONs, over the next couple of y

On April 24, JBM Electric Vehicles showcased its zero-emission luxury coach ‘GALAXY’ and electric citybus ‘ECOLIFE’ at the Bus2Bus 2024 in Berlin. Bus2Bus, Berlin is a platform for showcasing advancements in the intercity transportation domain. JBM has been working on an EV ecosystem ‘JBM E-Verse’ that integrates ele

On March 19, Jindal Stainless, a stainless-steel manufacturer, announced a partnership with JBM Auto Ltd. for the fabrication of over 500 energy-efficient and lightweight stainless steel electric buses. Jindal Stainless will provide JT Tubes, made up of low-carbon, chromium-manganese austenitic stainless steel to JBM

On March 19, JBM Auto announced that JBM Ecolife Mobility Private Limited, its subsidiary has been declared as L1 and awarded the tender as a bus operator for procurement, supply, operation, and maintenance of 1,390 electric buses and development of allied electric and civil Infrastructure on gross cost contracting (

In its annual report, JBM Auto announced that during the year, it developed new products such as left-hand drive vehicles – coach and city that are export-worthy and compliant with European Regulation (ECE). Further, it made efforts towards advanced technologies such as electronic braking system (EBS), electronically