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Business EconomyPosted at: Mar 19 2024 4:33PM


Jindal Stainless partners with JBM Auto to roll out over 500 e-buses

New Delhi, Mar 19 (UNI) Jindal Stainless and JBM Auto on Tuesday announced their partnership to roll out over 500 energy-efficient and light-weight stainless steel electric buses.
As per the pact, Jindal Stainless will provide JT Tubes, made up of low-carbon, chromium-manganese austenitic stainless steel to JBM Auto.
JBM Auto, with an order book of over 5,000 electric buses, is progressing in a transitional manner towards fabricating its electric buses from the earlier used carbon steel to stainless steel now.
JBM Auto will commence fabrication of stainless-steel buses this month.
“We are glad to be a part of shaping the future of sustainable mobility in India. Lighter vehicles improve energy consumption, thereby reducing the carbon footprint of the transport sector.
Additionally, the corrosion-resistant nature of stainless steel mitigates the need for regular repairs and maintenance, thereby turning out to be the most cost-effective solution on life cycle basis," said Abhyuday Jindal, Managing Director, Jindal Stainless.
Added Nishant Arya, Vice Chairman & Managing Director, JBM Auto, "Clean mobility is our guiding principle, and we are dedicated to driving EV adoption while creating an end-to-end electric mobility ecosystem. Our mission is to provide intelligent electric vehicles with robust infrastructure support, making EVs the most sustainable mode of public commuting.
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