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Tata Motors delivers 60 Electric buses

News: Tata Motors has delivered 60 Electric Buses to Ahmedabad Janmarg Limited. These 24 seater buses have been supplied under the FAME II initiative by means of a Gross Cost Contract (GCC).

Views: The company is at the forefront of vehicles powered by alternate fuel technology, including battery-electric, hybrid, CNG, LNG and hydrogen fuel cell technology. It has in the past also delivered hydrogen fuel cell powered bus domestically, with >600 electric buses delivered pan India till date. This coupled with government’s thrust to build supporting infrastructure like Charging Stations bodes well for the company in the long run.

Impact: Positive.