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Olectra Greentech says industry has capacity to meet rising electric bus demand

Olectra Greentech says industry has capacity to meet rising electric bus demand

India
June 4, 2026
Electric commercial vehicles remain 15-20% more expensive than conventional alternatives, but broader access to government incentives could narrow the gap and accelerate adoption, according to Saurabh Agarwal, Partner and Automotive Tax & Incentives Leader at EY India.