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India offers $360 million subsidy for 5,000 electric buses
by Smiti

CleanTechnica    Translate This Article
8 June 2019

On 8 June 2019 CleanTechnica reported: The Indian government plans to incentivize cities to include electric buses to their public transport fleet through financial subsidies. The central government will offer subsidies worth Rs 2,500 crore (US$360 million) for the deployment of 5,000 electric buses. Under the current exercise, a total of 40 cities shall be selected where a subsidy will be distributed for deployment of electric buses based on population. Global Good News service views this news as a sign of rising positivity in the fields of science and government, documenting the growth of life-supporting, evolutionary trends.

... A number of state transportation agencies have already announced plans to induct electric buses to their fleet. These include agencies in the cities of Mumbai and Bengaluru. The state of Kerala recently issued a tender to lease 1,500 electric buses for a period of 10 years.

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