Delhi Transport inks agreement with Tata Motors' subsidiary for operating 1500 EV buses

27 Dec 2022 , 10:26 AM

Tata Motors announced that Delhi Transport Corporation (DTC) has signed a definitive agreement with its fully owned subsidiary, TML CV Mobility Solutions Ltd. for operation of 1500 electric buses in the city of New Delhi. 

According to the agreement, TML CV Mobility Solutions will supply, operate and maintain 1500 units of 12-metre low-floor air-conditioned electric buses for a period 12 years. Tata Starbus EV is an indigenously developed vehicle with superior design and best-in-class features for sustainable and comfortable commute. 

Commenting on the announcement, Shilpa Shinde, IAS, Managing Director, Delhi Transport Corporation said, “We are pleased to have signed an agreement for the largest order of 1500 electric buses in Delhi. This is a significant step towards embracing electric mobility in the capital city. The induction of zero-emission, noise-free buses will greatly help in improving the city’s air quality. The new buses will also immensely benefit the commuters with its ultra-modern features and comfortable seating.” 

Tata Motors’ state-of-the-art research and development facilities have steadily worked to engineer innovative mobility solutions powered by alternate fuel technology, including battery-electric, hybrid, CNG, LNG and Hydrogen Fuel Cell technology.

Till date, Tata Motors has supplied more than 730 electric buses across multiple cities in India, which have cumulatively clocked more than 55 million kilometres, with an uptime of over 95%. 

At around 10:27 AM, Tata Motors was trading at Rs395 per share higher by 2.64% on the BSE.

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