JBM Auto launched its 100 percent electric luxury coach, JBM Galaxy, at Auto Expo - The Motor Show 2023, today. The luxury coach was unveiled by SK Arya, Chairman, and Nishant Arya, Vice Chairman, JBM Group.

JBM Auto claims that this launch marks a historic shift for the coach industry, so far dominated by foreign players, and conforms to the government’s ‘Make in India’ initiative. The company has also showcased three new products in its electric bus series that cater to diverse platforms like city, staff and school segments. These new launches will further bolster JBM Group’s vision of making India the EV capital of the world, according to the company.

The coaches have been designed keeping luxury in mind, including convenience and style, comfort, safety and performance. JBM Auto states that the 12-metre, high-floor coaches are equipped with the latest infotainment systems, modern utilities like Wi-Fi, mobile charging ports, comfortable reclining seats, saloon lighting and best-in-class safety features. With a seating capacity of 45 passengers, the new coaches are powered by high energy density advanced chemistry lithium-ion batteries, offering a range of up to 1,000 kilometres per day.

Unveiling the buses, Nishant Arya said, “This is a momentous occasion for us as we enter the long-range electric luxury coaches segment. This launch completes our product offering in the commercial passenger segment that will contribute to sustainable and efficient public transport across the country.”

“The new range of electric buses will address the growing market requirements, especially of fleet owners, who are looking for sustainable, safe, reliable and profitable operations,” he added. “We believe that this segment will continue to grow exponentially over the next few years. JBM Group is the only player in the Indian market to offer an entire EV ecosystem and is committed to investing in green mobility solutions and best-in-class technology. We shall also be investing in upgrading our current plants and setting up new plants to cater to growing demand from our customers.”

As per JBM Auto, the JBM Galaxy comes with the following features –
• Zero tail pipe emission
• Best-in-class per kilometre power consumption for higher savings
• Modular battery packs to suit different routes
• CCS2 DC fast charging for better operational efficiency
• High voltage lithium NMC battery, with thermal management system
• Permanent magnet synchronous motor with high torque and power
• BMS and VCU logic to enhance vehicle health, safety and performance
• Regenerative braking system for enhanced kilometre range

The electric luxury coach has also been curated and developed for providing commuters improved levels of safety with the following features – 
• Side-impact and rollover safety testing for the highest safety standards
• EBS and ABS coupled disc bakes for road control and stability
• High temperature cut-off for battery and FDSS 
• Panic buttons, emergency exit door and roof hatch for uncompromised safety
• Larger glass panels ensuring no-blind zones for safer driving
• Surveillance cameras and VTS for supervising and managing buses

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Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.

With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.

The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).

The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.

“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.

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CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.

The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.

According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.

Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.

David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components – we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”

The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.

CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

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Neuron Energy, an EV battery manufacturer, has raised INR 310 million in a Pre-Series B funding round led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office and Chona Family Office, with participation from Family Offices and HNI investors. With this, Neuron Energy has raised INR 810 million to date.

The funding will be used to expand Neuron Energy’s manufacturing capacity to 3 GWh and to establish a fully automated, large-scale battery facility for electric four-wheelers and buses at Chakan, Pune. The capital will also strengthen the company’s R&D capabilities, accelerate domestic growth, and broaden its footprint in international markets.

Pratik Kamdar, CEO and Co-Founder, Neuron Energy, said, “This Pre-Series B round is a defining step in our mission to industrialise world-class battery manufacturing in India. As EV adoption accelerates, we are focused on building capacity, embedding automation, and pushing the boundaries of performance and reliability. This investment ensures we can deliver at scale, both in India and globally.”

The company said it operates with a low-CapEx and low-OpEx business model. It has been growing profitably year-on-year and is on track to achieve INR 2 billion in revenue this year. The company is also confident of achieving sales of over INR 9 billion, with profitability, over the next few years.

Rajesh Sehgal of Equanimity Ventures, added, "We see immense potential in Neuron Energy’s approach to EV battery innovation and scalability. Their focus on quality, automation, and energy efficiency aligns with the evolving demands of the EV industry in India and beyond. We are proud to support their next phase of growth as they scale into new vehicle categories and manufacturing capacities."

The new facility reinforces the company’s position in two-wheeler EV batteries and signals a strategic entry into heavier vehicle segments. This supports Neuron’s vision to become a comprehensive EV battery solutions provider.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said, "Neuron Energy demonstrates remarkable potential to become the market leader, with their renewed focus, in delivering top-quality products. The company and its founders are highly committed to delivering rigorously tested and safe-to-use Li-Ion smart batteries. We are confident that they will continue to thrive and set new standards in the industry."

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