The Government of India’s PM e-Bus Sewa Scheme-2 program has awarded an order for 1021 electric buses to JBM Ecolife Mobility Pvt Ltd, a division of JBM Auto Limited. The…
payment security mechanism
In order to facilitate the purchase and operation of electric buses, the Indian government introduced the PM-eBus Sewa-Payment Security Mechanism (PSM) initiative, which creates a Payment Security Mechanism Fund. For…
Government of India has announced its plans to introduce a “payment security mechanism” to support the widespread adoption of electric buses in India, as stated by Tarun Kapoor, the Prime…