During the first quarter of FY24, the electric bus manufacturer PMI Electro Mobility would invest between 40 and 45 crore in the construction of four e-bus depots. According to Manvi Jain, Director of PMI Electro Mobility, it currently has 24 e-bus depots, the most of any e-bus player in the nation, with a combined capacity of 40 MW.
“Setting up charging infrastructure is mandatory if you have to run a bus in a particular State or city. Our buses are running in 24 cities; that means we have the depot infrastructure set up in these 24 cities. Going forward, we will add e-bus depots in Nagpur, Kerala, Rajkot and Goa over the next 3-6 months,” said Jain.
PMI has the widest network of presence in India among e-bus makers, and data from Vahan Portal show there are around 3,500 e-buses in India, out of which 916 are PMI’s. “As a result, we are the largest manufacturer of e-buses,” she said.