From movies to software new players jump on the Indian e-bus ride | Today’s news

“That’s what we’re seeing here, with new entrants emerging in the e-bus space. If the returns are attractive enough, these businesses may also see an opportunity to focus and further diversify into the broader new energy sector,” Bhatt added.

“While it is not clear how these firms want to finance their buses and who they will work with, expanding the group of companies involved can be good if it is supported by capabilities,” said an executive at a bus manufacturer. “But this will also make price competition more difficult to predict.”