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3 hours ago

Olectra Targets 10,000 Unit EV Capacity, ₹600 Crore Investment Over 2-3 Year

Olectra Greentech plans to build 10,000-unit annual manufacturing capacity for electric buses and trucks within two to three years. The company expects India’s electric bus market to reach about 20,000 vehicles annually, targeting a 40-50% share through expanded capacity. Olectra will invest ₹600 crore, including ₹450 crore for next-generation vehicle platforms and ₹150 crore for infrastructure.

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