EaseMyTrip to make electric buses, to invest Rs 200 Crore in 2-3 years

NEW DELHI: Travel tech platform EaseMyTrip on Thursday announced venturing into the electric bus manufacturing market through its new subsidiary, Easy Green Mobility.

Easy Green Mobility will manufacture EV buses, with YoloBus (another subsidiary of EaseMyTrip) serving as its operating arm.

EaseMyTrip said that it is investing Rs 200 crore for extensive R&D, Product Development, and setting up a Manufacturing Plant over two to three years. Easy Green Mobility will build the plant with a capacity of 4000-5000 buses in the initial phase and shall ramp up production capacity going forward.