EaseMyTrip to venture into electric bus manufacturing through a subsidiary
The Business Guardian|September 06, 2024
EaseMyTrip has announced the launch of its new subsidiary, Easy Green Mobility, marking its entry into the electric bus manufacturing sector.

According to an official statement, the new subsidiary will focus on producing electric buses, with YoloBus, another EaseMyTrip subsidiary, serving as its operational arm.

As part of this initiative, EaseMyTrip is investing Rs 200 crore over the next 2-3 years in research and development (R&D), product development, and setting up a manufacturing plant for electric vehicles (EVs).

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