Search: Chartered Speed

Published stories matching “Chartered Speed”.

  • Bengaluru Metropolitan Transport Corporation's failure to issue work orders for 4,500 electric buses under the PM E-DRIVE scheme has prompted six states and cities to request 4,220 additional buses, including 2,000 from Andhra Pradesh, 600 from Hyderabad, 500 from Surat, 900 from Rajasthan, 200 from Jammu and Kashmir, and 20 from Meghalaya. Despite the Centre completing the tender process in December 2025 and finalising bids with Greencell Mobility, Chartered Speed, and PMI Electro as lowest bidders, BMTC still awaits Karnataka Cabinet approval to issue Letters of Award. Moneycontrol reports the Union Ministry of Heavy Industries may reallocate Bengaluru's sanctioned fleet if delays continue.

    Why it matters: The impasse demonstrates how state level approval bottlenecks can jeopardise large scale e-bus procurements, potentially shifting 4,500 units worth of manufacturing and deployment contracts to competing jurisdictions. Operators and OEMs tracking India's PM E-DRIVE pipeline face uncertainty over whether Karnataka's allocation will proceed or be redistributed among the six requesting states.

    PM E-DRIVE (in)India10 Jul 2026 · date approximateSource
  • Chartered Speed and EKA Mobility have secured a contract to supply 1,750 electric buses to Bengaluru, India. The order was reported by ET Auto via Google News, marking a significant procurement for the city's public transport electrification. No further financial or delivery timeline details were disclosed in the available excerpt.

    Why it matters: This 1,750 unit order represents one of the larger single city electric bus procurements in India, signalling sustained demand for fleet electrification and associated charging infrastructure in Bengaluru. Suppliers and charging point operators should monitor deployment schedules for depot charging opportunities.

    Chartered Speed (in)EKA Mobility (in)India29 Jan 2026 · date approximateSource