Olectra Greentech Hits Record with 10,000+ E-Bus Orders Amid 84% Market Surge

Olectra Greentech now leads with over 10,000 e-bus orders as market growth hits 84%.

[{"selector":"#anim-9526a180-9196-442b-a926-bf4292843879","keyframes":{"transform":["translate3d(-115.33547%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-be20f5e5-9b13-4d71-81e0-467beb92be06","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-0b1ddfe0-0b81-4f83-b223-d490a0a2c2db","keyframes":{"transform":["translate3d(56.25966%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-7c5cd130-27d9-40e2-b1c7-11f75fe1bfe2","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Source: Facebook

With a new agreement until 2030, Olectra and BYD set to expand India’s e-bus capabilities.

[{"selector":"#anim-29dff0be-780b-4b65-8080-de8312544d65","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3edca70a-d712-4da0-977d-860f6f324cd0","keyframes":{"transform":["translate3d(0px, 157.09876%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab84050f-7ef5-49ff-a30b-321f28740a4b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5333299-6df4-484d-884c-043a1816cf07","keyframes":{"transform":["translate3d(0px, -390.30183%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Source: Facebook

FY24 sees 507 new buses from Olectra, pushing their order book to nearly 11,000 units.

[{"selector":"#anim-5995e2ea-d000-4050-98fc-d516975169b7","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-10fc7b68-d7cb-4978-973b-f6da96d2d9cb","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d4d16cc3-5209-4926-a495-660b03027b96","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-c64de3d9-0503-4dc7-92eb-7d2e25b6c728","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Source: Facebook

This year alone, Olectra delivered 1,695 electric buses and 51 tippers.

[{"selector":"#anim-20ef3a1a-c3c6-47bd-b257-d24dc3f20915","keyframes":{"transform":["translate3d(-106.42955%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e2b3078-76ab-4241-b2f0-71cbffef1388","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-79cba0ad-62e5-4f74-b403-42bf2768d999","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-7f309c90-563d-44b7-9aea-71e2faf7ecc1","keyframes":{"transform":["translate3d(130.46594%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eca2aae3-8bf7-47bc-993a-fc11edb75e17","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7d8084eb-b0db-425d-b6ef-72ab9d484d21","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: Facebook

New orders include a world record 5,150 e-buses from MSRTC and 3,000 from BEST.

[{"selector":"#anim-2ab10efb-2332-4e4e-be26-3b4540715095","keyframes":{"transform":["translate3d(-116.38226%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-4d6857d4-2702-46bf-8167-f0dff8a8878d","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-5fc4f24f-d1ce-4f70-ac80-e1df2e52e89c","keyframes":{"transform":["translate3d(56.25966%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-01779d48-e7bb-4b37-9866-7bdeb01eacc2","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Source: Facebook

Seetharampur is home to Olectra’s new 150-acre, state-of-the-art greenfield factory.

[{"selector":"#anim-2e2e7eef-406b-4328-8565-8832468889db","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73653691-7ff2-43f4-a9b6-253f04215c3c","keyframes":{"transform":["translate3d(0px, 147.73084%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10e144b4-27a3-417c-ba62-5e9553eb3175","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f2537e5b-0b47-4a6f-bfeb-a3fb0e8fcbdd","keyframes":{"transform":["translate3d(0px, -462.48089%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Source: Facebook

By year's end, Olectra's new factory will boast a production capacity for 5,000 units.

[{"selector":"#anim-bdebd35f-690a-4f0f-8146-7ef7cbc18274","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2504c51f-bb9e-4972-83f9-fc4766188d21","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-542166b9-f719-4145-a0a0-e92cad585c4f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8b0287b7-ebea-41b5-a0ca-19bf482f77d3","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Source: Facebook

Plans are underway to produce 10,000 units next year, fueling future fleet expansions.

[{"selector":"#anim-408d01ea-4ab3-4af5-a0ac-314b7b09bd80","keyframes":{"transform":["translate3d(-107.0073%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60fc7161-36c2-47fc-a696-9feda5e1f31d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd7cf692-2d26-448f-99f1-d8a35d4512e8","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-472efe3d-3e8e-4c92-9ab8-6b1a21afa3b4","keyframes":{"transform":["translate3d(127.27271%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45d32e02-3f2d-4868-9c20-7c5bfef45850","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1bc2ea6-80fb-47e3-b402-13ab9c32adf1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Source: Facebook

Government policies soon to boost e-bus adoption across India, aiming to replace diesel buses by 2030.

[{"selector":"#anim-5c344514-3b11-4ac6-8044-0403fae6b97c","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-ab50213c-e16f-4c18-afe2-31b04edcf517","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-67ec299f-d0bf-4f35-a2e3-525a7b3e94fa","keyframes":{"transform":["translate3d(56.25966%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-58b067a2-3bea-4dc4-a775-d10355dd8eee","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Source: Facebook