JBM Auto subsidiary JBM EV launches next-gen GALAXY Electric Luxury Coach

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AI summary

JBM Auto subsidiary JBM Electric Vehicles launched India first indigenous Sleeper and Seater Electric Luxury coach called GALAXY at Prawaas 5.0 in Gandhinagar, unveiled by Union Minister Nitin Gadkari. The coach offers 22 Maharaja reclining seats plus 20 sleeper berths with washroom. JBM EV leads the Indian electric luxury coach segment with 3,300 plus electric buses deployed across 17 states and a 10,000 plus bus order book. Production capacity is 20,000 buses per year at its Delhi-NCR facility.

Likely market impact

New product launch strengthens JBM Auto EV portfolio and leadership in electric luxury coach segment, potentially supporting order book growth.