JBM Auto - Developing A Solid Business Model In E-Bus Segment: Motilal Oswal

The company has developed a distinctive business model in the electric bus segment, with end-to-end capabilities in the build-own-operate model, says the brokerage.

JBM Auto Electric Busses (Source: Official Website)

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Motilal Oswal Report

JBM Auto Ltd. has developed a distinctive business model in the Electric Bus segment, with end-to-end capabilities in the build-own-operate model. JBM Auto has established the world's largest dedicated integrated e-bus manufacturing facility (outside China), spanning 4m sq ft in Delhi-NCR. The facility is dedicated to the manufacturing of e-buses and special-purpose vehicles with a capacity of 20,000 units annually.

The facility has also provisioned vendor parks and integrated electronics manufacturing capabilities. This facility will also serve as an export hub for international markets such as Europe, Middle East, Africa, Asia Pacific among others. JBM Auto has also set up an advanced lithium-ion battery manufacturing facility in Delhi-NCR, having an annual capacity of 3 Gwh and will expand to 5 Gwh this year.

Both these manufacturing facilities have been recognized by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Govt. of India for their in-house Research and Development infrastructure and capabilities.

Moreover, the company is also engaged in developing and deploying sustainable charging infrastructure solutions and is the frontrunner in electrifying buses pan India. JBM Auto has developed in-house capabilities to deploy fast charging infrastructure at depots, ensuring superior total cost of ownership benefits, owing to the availability of dual-gun fast-charging facilities, high density batteries, in-house management of depots, and lower maintenance costs.

These factors have allowed it to profitably operate with their e-mobility platform through gross cost-contractmodel with attractive returns.

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Motilal Oswal JBM Auto Update.pdf
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Also Read: HDFC Bank - Navigating Through The Challenges: Motilal Oswal

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