Chartered Speed Limited, a leading player in passenger bus mobility services, and EKA Mobility, an automotive and technology company into electric mobility, have secured the Letter of Confirmation of Quantity (LOCQ) for the deployment for 1,750 electric buses under the Government of India’s PM E-Drive Scheme in Bengaluru.
The allocation represents nearly 39 percent of Bengaluru’s total planned electric bus induction of 4,500 buses under PM E-Drive.
Bengaluru has emerged as one of India’s leading cities in electric public transport adoption, with Bengaluru Metropolitan Transport Corporation progressively expanding its electric bus network in line with Karnataka’s clean mobility vision and the Government of India’s de-carbonization roadmap.
Sanyam Gandhi, Whole-Time Director, Chartered Speed Limited, said: “Bengaluru is a key mobility hub in India, and electric buses are part of the efforts to build a cleaner and more efficient public transport system. The PM E-Drive allocation strengthens our long-term commitment to sustainable mass mobility. We aim to convert around 25 percent of our fleet to electric by Fiscal 2027.”
Rohit Srivastava, Business Head and Chief Growth Officer, EKA Mobility, said: “The PM E-Drive initiative is a powerful enabler of India’s electric mobility vision, and Bengaluru’s large-scale adoption of electric buses sets a strong benchmark for urban transport transformation. We are proud to partner with Chartered Speed towards a more sustainable urban future.”
Earlier in 2025, Chartered Speed was awarded the deployment of over 1,000 electric buses under the Government of India’s Pradhan Mantri e-Bus Sewa Scheme.
