PMI Electro Mobility, India’s largest electric bus (e-bus) manufacturer, is working to leverage its core ability of data and technology to bring down the cost of its vehicles by 25-30 per cent.
It is also eyeing to double turnover to Rs 1,200 crore by 2025 from Rs 600 crore expected in financial year 2023 (FY23).
“We have made substantial investments in research and development (R&D). Our aim is to leverage that to increase our indigenous raw material production, which would help us cut costs and increase revenue,” said Aanchal Jain, chief executive officer (CEO), PMI Electro Mobility.
