EaseMyTrip to invest Rs200 cr in electric bus manufacturing, signs tender for sustainable transport in MP
EaseMyTrip plans to invest Rs 200 crore in the electric bus sector in Madhya Pradesh, targeting the introduction of 500 buses by 2025 and 1,000 by 2026. The initiative aligns with the 'Make in India' campaign, aiming to establish a manufacturing plant in the state.
Wed, 26 Feb 2025
EaseMyTrip’s Expansion into the EV Sector
EaseMyTrip has predominantly been known for its travel booking services, but with this investment, it is venturing into the electric vehicle (EV) space through its subsidiaries—YoloBus and Easy Green Mobility. This strategic move positions the company as a key player in India’s evolving EV ecosystem.
The project was officially announced at the Madhya Pradesh Global Investors Summit 2025, an event that witnessed major investments and collaborations aimed at boosting the state’s infrastructure and sustainability initiatives. By entering the electric bus manufacturing industry, EaseMyTrip seeks to reduce carbon emissions, enhance transportation efficiency, and provide an affordable and reliable travel option for commuters.
200 Crore Investment: EaseMyTrip will allocate ₹200 crore for the manufacturing and deployment of electric buses in Madhya Pradesh.
Tender Secured in Madhya Pradesh: The company has partnered with Sagar City Transport Services Limited to introduce inter-city electric buses.
500 Buses by 2025: The first batch of electric buses is expected to hit the roads by August 2025, with an initial fleet of 500 buses.
1,000 Buses by 2026: The company aims to expand the fleet further, reaching 1,000 electric buses by 2026.
Made-in-India Electric Buses: The buses will be manufactured domestically, in line with the ‘Make in India’ initiative to boost the local EV industry.
Impact on Sustainable Transportation in Madhya Pradesh
Madhya Pradesh is actively working on improving its transport infrastructure, and EaseMyTrip’s investment is expected to play a crucial role in achieving the state’s green mobility goals. The deployment of electric buses will lead to:
Reduced Carbon Footprint: Electric buses produce zero emissions, significantly cutting down air pollution in cities.
Lower Operational Costs: Compared to diesel buses, electric buses require less maintenance and have lower fuel costs, making public transport more economical.
Enhanced Passenger Experience: The buses are expected to be equipped with modern facilities such as Wi-Fi, air conditioning, and comfortable seating, making inter-city travel more convenient.
Job Creation: Manufacturing and operating these buses will generate employment opportunities in engineering, battery production, charging infrastructure, and bus maintenance.
EaseMyTrip’s Commitment to Green Mobility
EaseMyTrip’s entry into electric bus manufacturing is a natural extension of its commitment to sustainability. The company has already been promoting eco-friendly travel options, and this investment in electric buses aligns with its long-term vision of supporting sustainable tourism and transportation.
The initiative also aligns with the Indian government’s push for electrification of public transport. The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme has been encouraging private companies to invest in electric mobility, and EaseMyTrip’s move supports this national mission.
Challenges and the Road Ahead
While the investment is promising, the electric vehicle industry faces challenges such as:
Charging Infrastructure: Adequate charging stations need to be set up across Madhya Pradesh to support the large fleet of electric buses.
Battery Technology: The efficiency and longevity of electric bus batteries will be crucial for uninterrupted operations.
Initial High Costs: While electric buses have lower operational costs, the upfront investment in vehicles and charging stations is significantly higher than diesel buses.
Despite these challenges, EaseMyTrip’s large-scale investment and strategic partnerships suggest a strong commitment to overcoming hurdles and successfully implementing the project.
Conclusion
EaseMyTrip’s ₹200 crore investment in electric bus manufacturing marks a significant milestone in India’s transition to sustainable transportation. With its plans to introduce 1,000 electric buses by 2026, the company is set to transform inter-city travel in Madhya Pradesh while contributing to India’s EV revolution.
By embracing innovation and sustainability, EaseMyTrip is not only expanding its business beyond travel booking but is also playing a crucial role in shaping the future of public transportation in India. As the country moves towards green mobility, such investments will be key drivers in achieving a cleaner and more efficient transport ecosystem.