Mobility has unveiled unveils NueGo, 1st pan-india intercity
electric mobility coach brand. ‘NueGo’ is aimed at the new age traveler and is
India’s first intercity electric mobility bus brand with initial plans of
having services across 24 cities.
company announced its plans for roll-out of 750 premium AC e-buses across key
intercity routes in Southern, Northern & Western India covering key transit
routes with coverage in over 75 cities. The company will have 100 electric
buses transiting through various cities in Madhya Pradesh and 200 electric
buses transiting through Delhi NCR.
bus services offering will be available across major cities in the country. The
gross CO2 emission avoided over the lifetime of these buses would be 56,154
tons while through the company 4,125 new jobs will be created. The company
through its offering will be electrifying approximately 28,000 kms across the
country in the first year of operations.
Mobility has already acquired major state transport undertaking contracts for
900 electric buses across 25 cities in India, making it a leading B2G player in
the e-mobility segment. By transforming the shared surface transport market in
India, GreenCell envisions to become one-of-the-most valued eMaaS (electric
mobility as a Service) platform globally.
has been promoted by EverSource Capital, the fund manager of India’s pioneering
climate impact fund. EverSource Capital is an equal joint venture between
Everstone Group, one of Asia’s premier investment groups with assets in excess
of US$6 billion across private equity, real estate, credit, climate impact investments
and green infrastructure and venture capital; and Lightsource bp, a global
leader in development and management of solar energy projects.
Reise Moto, a division of Mahansaria Group, announced the launch of their premium two-wheeler tyre brand ‘Reise’ in India.
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