FAME III: India to replace 800k diesel buses with electric over 7 years

The government is devising a plan to replace 800,000 diesel buses, which make up around one-third of all buses on roads, with electric ones over the next seven years, according to a report by The Economic Times (ET). This initiative is designed to transform the public transport system, contribute to environmental sustainability initiatives, and boost the electric vehicle (EV) sector in India.

The replacement strategy would involve deploying 200,000 electric buses for state transport undertakings (STUs), 550,000 for private operators, and 50,000 for schools and employee transportation by 2030, according to government sources quoted by ET.