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The Centre is developing a payment security mechanism (PSM) to facilitate the procurement of 150,000 e-buses. The PSM aims to address issues such as fare collection inefficiencies and improper upkeep of buses, ensuring e-bus suppliers are paid for their vehicles. ....
Order book for e-buses grows to over 20,000 even as industry awaits payment security mechanism thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
India stands at the cusp of a transformative journey towards becoming a dominant force in the EV realm. The road ahead may be daunting, but the promise of a cleaner, greener future for India’s transportation sector shines brightly on the horizon ....
The comment of the chairman of India s second-largest bus maker comes even as the government has to some extent addressed the industry s concerns about payment security. ....